Super Hi International (NASDAQ:HDL) Reaches New 52-Week Low - Should You Sell?

Key Points

• 52-week low: Super Hi International hit a new 52-week low, trading as low as $15.15 and last at $14.94 on light volume (775 shares).
• Analyst sentiment is negative: Weiss Ratings reiterated a "sell (d+)" and Zacks downgraded to "strong sell," with the MarketBeat consensus currently at "Sell."
• Fundamentals and technicals: The company has a market cap of about $971.8M, a P/E of 37.36, debt/equity of 0.47 and healthy liquidity ratios (current 2.53, quick 2.27), yet the stock trades below its 50- and 200-day SMAs ($16.57 and $17.33), indicating recent weakness.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) reached a new 52-week low on Monday . The company traded as low as $15.15 and last traded at $14.94, with a volume of 775 shares changing hands. The stock had previously closed at $15.99.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on HDL shares. Weiss Ratings reissued a "sell (d+)" rating on shares of Super Hi International in a report on Tuesday, December 23rd. Zacks Research downgraded shares of Super Hi International from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of "Sell".

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27. The company has a market capitalization of $971.81 million, a P/E ratio of 37.36 and a beta of -0.59. The stock's 50 day simple moving average is $16.57 and its two-hundred day simple moving average is $17.33.

Hedge Funds Weigh In On Super Hi International

Several hedge funds have recently added to or reduced their stakes in the company. XY Capital Ltd acquired a new position in shares of Super Hi International during the 3rd quarter worth about $186,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Super Hi International in the second quarter worth about $157,000. Jane Street Group LLC raised its position in shares of 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 purchasing an additional 4,457 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of Super Hi International during the fourth quarter worth about $52,000.

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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