Super Hi International (NASDAQ:HDL) Reaches New 1-Year Low – Should You Sell?

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $12.00 and last traded at $12.0440, with a volume of 1334 shares. The stock had previously closed at $12.51.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Super Hi International Trading Down 3.9%

The stock has a fifty day moving average of $13.12 and a 200-day moving average of $13.99. The company has a market cap of $781.47 million, a PE ratio of 44.51 and a beta of -0.14. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.25 and a current ratio of 2.50.

Super Hi International (NASDAQ:HDL) last released its earnings results on Wednesday, August 26th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). Super Hi International had a return on equity of 2.61% and a net margin of 1.16%.The business had revenue of $218.83 million during the quarter, compared to analysts’ expectations of $222.80 million. Sell-side analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC lifted its holdings in Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after buying an additional 4,457 shares in the last quarter. Bank of America Corp DE purchased a new stake in Super Hi International in the 4th quarter valued at about $52,000. Finally, XY Capital Ltd grew its stake in Super Hi International by 11.3% in the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock worth $194,000 after acquiring an additional 1,348 shares in the last quarter.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.