Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $14.50 and last traded at $14.5060, with a volume of 206 shares traded. The stock had previously closed at $14.56.
The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.12). Super Hi International had a net margin of 2.52% and a return on equity of 5.55%. The firm had revenue of $229.97 million during the quarter, compared to analysts' expectations of $239.27 million.
Wall Street Analyst Weigh In
Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Super Hi International in a report on Friday. Zacks Research downgraded shares of Super Hi International from a "hold" rating to a "strong sell" rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".
Read Our Latest Stock Analysis on HDL
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in Super Hi International in the fourth quarter valued at approximately $52,000. XY Capital Ltd acquired a new stake in shares of Super Hi International during the 3rd quarter worth approximately $186,000. Finally, Jane Street Group LLC grew its stake in shares of Super Hi International by 26.5% during the 4th 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.
Super Hi International Stock Performance
The company has a current ratio of 2.53, a quick ratio of 2.27 and a debt-to-equity ratio of 0.47. The firm's fifty day moving average price is $16.37 and its two-hundred day moving average price is $17.12. The stock has a market capitalization of $943.33 million, a PE ratio of 36.27 and a beta of -0.59.
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.
See Also
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