Super Hi International (NASDAQ:HDL) Sees Large Volume Increase - Time to Buy?

Key Points

• Trading volume jumped 172% to 4,647 shares, with the stock last at $13.94 and trading up about 0.9% during the session.
• Analysts have an average rating of "Sell" on HDL, including a Weiss Ratings "sell (d)" and a Zacks downgrade to "strong sell."
• Recent quarterly results missed expectations—EPS $0.10 vs. $0.19 expected and revenue $229.97M vs. $239.27M—while the company has a market cap near $906M and a P/E of 19.9.

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) saw an uptick in trading volume on Tuesday . 4,647 shares traded hands during mid-day trading, an increase of 172% from the previous session's volume of 1,710 shares.The stock last traded at $13.9350 and had previously closed at $13.81.

Analyst Upgrades and Downgrades

HDL has been the topic of a number of research analyst reports. Weiss Ratings restated a "sell (d)" rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research downgraded shares of Super Hi International from a "hold" rating to a "strong sell" rating in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell".

Super Hi International Trading Up 0.9%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 2.41. The firm's fifty day simple moving average is $15.33 and its 200-day simple moving average is $16.49. The stock has a market cap of $906.19 million, a P/E ratio of 19.91 and a beta of -0.15.

Super Hi International (NASDAQ:HDL - Get Free Report) last released its quarterly earnings results on Wednesday, April 1st. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.09). Super Hi International had a return on equity of 9.61% and a net margin of 4.33%.The firm had revenue of $229.97 million for the quarter, compared to the consensus estimate of $239.27 million. Equities research analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HDL. XY Capital Ltd bought a new stake in shares of Super Hi International in the 3rd quarter valued at $186,000. Jane Street Group LLC increased its stake in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company's stock valued at $342,000 after acquiring an additional 4,457 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of Super Hi International in the 4th quarter valued at $52,000.

Super Hi International Company Profile

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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