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Super Hi International (NASDAQ:HDL) Shares Gap Down - What's Next?

Super Hi International logo with Retail/Wholesale background

Key Points

  • Super Hi International shares gapped down from a previous close of $18.79 to open at $18.21, currently trading at $17.99 with a volume of 366 shares.
  • The company recently reported earnings per share (EPS) of $0.30, exceeding estimates by $0.10, with revenue reaching $198.95 million for the quarter.
  • A hedge fund purchased a new stake in Super Hi International, acquiring 8,030 shares valued at approximately $157,000 during the second quarter.
  • Five stocks we like better than Super Hi International.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $18.79, but opened at $18.21. Super Hi International shares last traded at $17.99, with a volume of 366 shares trading hands.

Super Hi International Price Performance

The company has a quick ratio of 2.26, a current ratio of 2.53 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $1.17 billion, a P/E ratio of 20.06 and a beta of -0.55. The business's 50-day simple moving average is $19.43 and its 200 day simple moving average is $20.44.

Super Hi International (NASDAQ:HDL - Get Free Report) last announced its quarterly earnings results on Tuesday, August 26th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.10. Super Hi International had a net margin of 6.81% and a return on equity of 14.94%. The business had revenue of $198.95 million for the quarter. Sell-side analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current year.

Hedge Funds Weigh In On Super Hi International

A hedge fund recently bought a new stake in Super Hi International stock. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,030 shares of the company's stock, valued at approximately $157,000.

Super Hi International Company Profile

(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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