Super Hi International (NASDAQ:HDL) Shares Gap Up – What’s Next?

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) gapped up before the market opened on Monday. The stock had previously closed at $10.22, but opened at $11.70. Super Hi International shares last traded at $10.40, with a volume of 273 shares trading hands.

Analysts Set New Price Targets

Several research firms have issued reports on HDL. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Monday, September 21st. One investment 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 has an average rating of “Reduce”.

Super Hi International Trading Up 1.1%

The company’s 50 day simple moving average is $12.29 and its two-hundred day simple moving average is $13.05. The company has a quick ratio of 2.25, a current ratio of 2.50 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $672.09 million, a price-to-earnings ratio of 38.28 and a beta of -0.06.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). The business had revenue of $218.83 million for the quarter, compared to analyst estimates of $222.80 million. Super Hi International had a return on equity of 2.61% and a net margin of 1.16%. As a group, research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Institutional Trading of Super Hi International

A hedge fund recently raised its stake in Super Hi International stock. XY Capital Ltd increased its holdings in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,303 shares of the company’s stock after buying an additional 1,348 shares during the quarter. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Super Hi International Company Profile

Super Hi International Holding Ltd. is a restaurant company that operates Haidilao hot pot restaurants outside mainland China. The company provides full-service dining centered on Sichuan-style hot pot, in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in flavored broths at the table.

Haidilao restaurants are known for customizable dining, a broad menu of fresh ingredients and service-oriented features such as soup-base options, table-side assistance and entertainment during the dining experience.