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

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $27.50, but opened at $26.42. Super Hi International shares last traded at $26.48, with a volume of 1,252 shares traded.

Super Hi International Trading Down 3.7 %

The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19. The business has a 50-day moving average of $24.54 and a 200 day moving average of $21.25.

Institutional Investors Weigh In On Super Hi International

A number of hedge funds have recently made changes to their positions in HDL. Bank of America Corp DE bought a new stake in Super Hi International during the fourth quarter worth approximately $52,000. Jane Street Group LLC bought a new stake in Super Hi International during the fourth quarter worth approximately $295,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Super Hi International during the fourth quarter worth approximately $278,000.

About Super Hi International

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.