Super Hi International (NASDAQ:HDL) Shares Gap Down - Time to Sell?

Key Points

• Super Hi International shares gapped down prior to trading, opening at $18.85 after closing at $19.37, and last traded at $19.19 with a volume of 1,856 shares.
• The company reported earnings per share of $0.30 for the last quarter, outperforming the consensus estimate of $0.20 and showing a net margin of 6.81%.
• Several hedge funds have recently purchased new positions in Super Hi International, including Bank of America and Jane Street Group, indicating institutional interest in the stock.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $19.37, but opened at $18.85. Super Hi International shares last traded at $19.19, with a volume of 1,856 shares changing hands.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.46, a current ratio of 2.53 and a quick ratio of 2.26. The firm has a fifty day simple moving average of $19.70 and a 200 day simple moving average of $21.14. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 21.02 and a beta of -0.52.

Super Hi International (NASDAQ:HDL - Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.20 by $0.10. Super Hi International had a return on equity of 14.94% and a net margin of 6.81%.The company had revenue of $198.95 million for the quarter. On average, analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.

Institutional Trading of Super Hi International

Several institutional investors have recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in Super Hi International in the fourth quarter valued at approximately $52,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Super Hi International in the second quarter worth approximately $157,000. Finally, Jane Street Group LLC acquired a new stake in shares of Super Hi International in the fourth quarter worth approximately $295,000.

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.