Super Hi International (NASDAQ:HDL) Shares Gap Down – Should You Sell?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $23.75, but opened at $22.01. Super Hi International shares last traded at $22.73, with a volume of 270 shares trading hands.

Super Hi International Stock Performance

The company’s 50 day simple moving average is $24.53 and its 200-day simple moving average is $21.57. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43.

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

Hedge Funds Weigh In On Super Hi International

Hedge funds have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership purchased a new position in shares of Super Hi International in the 4th quarter worth $278,000. Jane Street Group LLC acquired a new position in shares of Super Hi International in the 4th quarter valued at about $295,000. Finally, Bank of America Corp DE acquired a new position in shares of Super Hi International in the 4th quarter valued at about $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.