Super Hi International (NASDAQ:HDL) Stock Price Down 0.2% - Time to Sell?

Key Points

• Super Hi International's stock price decreased by 0.2%, trading as low as $19.30 and last at $19.63 amid a significant drop in trading volume.
• The company reported $0.20 earnings per share for the latest quarter, meeting analysts' expectations, with a total revenue of $197.78 million.
• Institutional investors have shown interest, with purchases from firms like Bank of America, which acquired a position worth approximately $52,000 in the company.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) fell 0.2% on Wednesday . The stock traded as low as $19.30 and last traded at $19.63. 1,915 shares were traded during trading, a decline of 47% from the average session volume of 3,596 shares. The stock had previously closed at $19.66.

Super Hi International Trading Up 3.1%

The company has a market cap of $1.29 billion, a price-to-earnings ratio of 33.16 and a beta of -0.51. The firm has a 50 day moving average price of $19.68 and a two-hundred day moving average price of $21.59. The company has a quick ratio of 2.32, a current ratio of 2.60 and a debt-to-equity ratio of 0.46.

Super Hi International (NASDAQ:HDL - Get Free Report) last announced 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. The business had revenue of $197.78 million for the quarter. Super Hi International had a return on equity of 10.70% and a net margin of 4.84%. As a group, equities 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

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

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.