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

Key Points

• Super Hi International shares hit a new 52-week low, falling to $12.00 from a prior close of $12.51. The stock remains below both its 50-day and 200-day moving averages.
• Analyst sentiment is cautious: Weiss Ratings maintained a “sell” rating, while Zacks Research upgraded the stock to “hold.” The overall consensus rating is “Reduce.”
• The company’s latest quarterly results missed expectations, reporting a loss of $0.03 per share versus an expected profit of $0.03, while revenue of $218.83 million came in below estimates.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $12.00 and last traded at $12.0440, with a volume of 1334 shares trading hands. The stock had previously closed at $12.51.

Analyst Ratings Changes

Several analysts have recently issued reports on HDL shares. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Super Hi International in a report on Wednesday, June 24th. Zacks Research raised shares of Super Hi International from a "strong sell" rating to a "hold" rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce".

Super Hi International Price Performance

The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. The firm's 50-day moving average price is $13.12 and its 200-day moving average price is $13.99. The stock has a market capitalization of $781.47 million, a PE ratio of 44.51 and a beta of -0.14.

Super Hi International (NASDAQ:HDL - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate 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 company had revenue of $218.83 million during the quarter, compared to analysts' expectations of $222.80 million. On average, equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE purchased a new stake in Super Hi International during the 4th quarter valued at $52,000. XY Capital Ltd boosted its stake in Super Hi International by 15.9% during the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company's stock worth $192,000 after buying an additional 1,640 shares during the period. Finally, Jane Street Group LLC boosted its stake in Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company's stock worth $342,000 after buying an additional 4,457 shares during the period.

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.

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