Super Hi International (NASDAQ:HDL) Reaches New 52-Week Low - What's Next?

Key Points

• Super Hi International shares hit a new 52-week low, falling as low as $11.61 and last trading near $11.55, below the prior close of $12.00.
• Analyst sentiment remains weak: Weiss Ratings reiterated a “sell” rating, Zacks upgraded the stock to “hold,” and the overall MarketBeat consensus is “Reduce.”
• The company missed quarterly expectations, reporting a loss of $0.03 per share versus an expected profit of $0.03 and revenue of $218.83 million versus estimates of $222.80 million.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $11.61 and last traded at $11.5510, with a volume of 1248 shares changing hands. The stock had previously closed at $12.00.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HDL shares. Weiss Ratings reissued a "sell (d)" rating on shares of Super Hi International in a research report on Wednesday, June 24th. Zacks Research raised Super Hi International from a "strong sell" rating to a "hold" rating in a report on Thursday, July 30th. 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, Super Hi International has a consensus rating of "Reduce".

Super Hi International Stock Performance

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 stock has a fifty day moving average of $13.10 and a 200-day moving average of $13.80. The stock has a market cap of $751.10 million, a PE ratio of 42.78 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). The company had revenue of $218.83 million for the quarter, compared to analysts' expectations of $222.80 million. Super Hi International had a return on equity of 2.61% and a net margin of 1.16%. On average, equities analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

A hedge fund recently raised its stake in Super Hi International stock. XY Capital Ltd boosted its holdings in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) by 15.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,955 shares of the company's stock after buying an additional 1,640 shares during the period. XY Capital Ltd's holdings in Super Hi International were worth $192,000 at the end of the most recent reporting period.

About Super Hi International

Super Hi International Holding Ltd. NASDAQ: HDL operates Haidilao hot pot restaurants outside mainland China. The company provides dine-in Chinese hot pot services, allowing customers to select ingredients such as meats, seafood, vegetables, noodles and other items to cook in a shared broth at the table. Its restaurants also offer a range of beverages, desserts and other complementary menu items.

The company's international business developed from Haidilao's overseas expansion, which began with a restaurant in Singapore in 2012.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.