Super Hi International (NASDAQ:HDL) Sets New 1-Year Low - Time to Sell?

Key Points

• Super Hi International shares fell to a new 52-week low of $11.46, below both their 50-day moving average of $12.87 and 200-day moving average of $13.45.
• Analyst sentiment remains cautious: Zacks upgraded the stock to “hold,” Weiss maintained a “sell” rating, and the overall consensus 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 and revenue of $218.83 million versus estimates of $222.80 million.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $11.46 and last traded at $11.46, with a volume of 135 shares traded. The stock had previously closed at $11.74.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HDL. Zacks Research raised shares of 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 report on Monday, September 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Super Hi International currently has a consensus rating of "Reduce".

Super Hi International Stock Down 2.0%

The stock's fifty day moving average price is $12.87 and its 200 day moving average price is $13.45. 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 stock has a market cap of $745.24 million, a P/E ratio of 42.44 and a beta of -0.14.

Super Hi International (NASDAQ:HDL - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $218.83 million for 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%. As a group, research analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

A hedge fund recently raised its position in Super Hi International stock. XY Capital Ltd lifted its position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) by 11.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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. 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.

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