Super Hi International (NASDAQ:HDL) Trading Up 4.5% – Time to Buy?

Super Hi International Holding Ltd. (NASDAQ:HDL) shot up 4.5% during mid-day trading on Thursday . The stock traded as high as $24.47 and last traded at $23.12. 16,329 shares were traded during trading, a decline of 40% from the average session volume of 27,342 shares. The stock had previously closed at $22.11.

Super Hi International Stock Down 1.4 %

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 firm’s 50-day simple moving average is $24.53 and its two-hundred day simple moving average is $21.56.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings data on Tuesday, March 25th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.37). The company had revenue of $208.76 million during the quarter, compared to analysts’ expectations of $212.06 million. As a group, equities research analysts forecast that Super Hi International Holding Ltd. will post 0.67 EPS for the current year.

Institutional Trading of Super Hi International

A number of institutional investors have recently bought and sold shares of HDL. Bank of America Corp DE bought a new position in shares of Super Hi International in the 4th quarter worth $52,000. Arrowstreet Capital Limited Partnership acquired a new position in Super Hi International in the fourth quarter valued at about $278,000. Finally, Jane Street Group LLC acquired a new position in shares of Super Hi International during the 4th quarter worth about $295,000.

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.