Super Hi International (NASDAQ:HDL) Reaches New 52-Week Low – Here’s What Happened

Shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low on Wednesday . The company traded as low as $12.25 and last traded at $12.13, with a volume of 1624 shares trading hands. The stock had previously closed at $12.58.

Wall Street Analysts Forecast Growth

Several research firms have commented on HDL. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Super Hi International Trading Down 3.6%

The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The firm has a market cap of $788.81 million, a PE ratio of 20.22 and a beta of -0.16. The stock has a 50-day simple moving average of $13.72 and a two-hundred day simple moving average of $15.43.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. The company had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. As a group, sell-side analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Investors Weigh In On Super Hi International

A number of large investors have recently added to or reduced their stakes in the stock. XY Capital Ltd raised its stake in Super Hi International by 11.3% during the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after buying an additional 1,348 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying an additional 4,457 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of Super Hi International in the fourth quarter worth $52,000.

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.