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

Super Hi International logo with Retail/Wholesale background

Key Points

  • Super Hi International experienced a 72% increase in trading volume, with 10,783 shares traded on Tuesday compared to 6,254 the previous session.
  • The stock is currently down 0.9%, trading at $20.23, while its fifty-day simple moving average stands at $19.85.
  • Institutional investors have shown interest, with notable purchases including $295,000 by Jane Street Group LLC during the fourth quarter.
  • Want stock alerts on Super Hi International? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 10,783 shares changed hands during mid-day trading, an increase of 72% from the previous session's volume of 6,254 shares.The stock last traded at $20.23 and had previously closed at $20.46.

Super Hi International Stock Down 2.6%

The company has a current ratio of 2.60, a quick ratio of 2.32 and a debt-to-equity ratio of 0.46. The stock's 50-day simple moving average is $19.75 and its 200-day simple moving average is $21.93. The firm has a market capitalization of $1.27 billion, a P/E ratio of 32.52 and a beta of -0.51.

Super Hi International (NASDAQ:HDL - Get Free Report) last issued its quarterly earnings results on Wednesday, May 21st. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Super Hi International had a net margin of 4.84% and a return on equity of 10.70%. The company had revenue of $197.78 million during the quarter. As a group, research analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Bank of America Corp DE purchased a new position in Super Hi International in the 4th quarter valued at approximately $52,000. Arrowstreet Capital Limited Partnership purchased a new position in Super Hi International in the fourth quarter worth $278,000. Finally, Jane Street Group LLC purchased a new position in Super Hi International in the fourth quarter worth $295,000.

About Super Hi International

(Get Free Report)

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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