Super Hi International (NASDAQ:HDL) Sees Strong Trading Volume - What's Next?

Key Points

• Trading volume surged 154% to approximately 4,196 shares, while Super Hi International shares traded around $10.42, slightly above the previous close of $10.22.
• Analyst sentiment remains cautious: Zacks Research upgraded the stock to “hold,” but Weiss Ratings maintained a “sell” rating. MarketBeat reports a consensus rating of “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 $222.80 million expected.

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) saw an uptick in trading volume on Wednesday. Approximately 4,196 shares changed hands during mid-day trading, an increase of 154% from the previous session's volume of 1,651 shares. The stock last traded at $10.4150 and had previously closed at $10.22.

Analyst Ratings Changes

A number of research firms have recently weighed in on HDL. Zacks Research raised Super Hi International from a "strong sell" rating to a "hold" rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Super Hi International in a research note on Monday, September 21st. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce".

Super Hi International Trading Down 0.4%

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's fifty day moving average price is $12.18 and its two-hundred day moving average price is $13.00. The company has a market capitalization of $662.59 million, a PE ratio of 37.74 and a beta of -0.06.

Super Hi International (NASDAQ:HDL - Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.06). The business had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million. Super Hi International had a return on equity of 2.61% and a net margin of 1.16%. Sell-side analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current year.

Institutional Investors Weigh In On Super Hi International

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

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.

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