Super Hi International (NASDAQ:HDL) Trading Down 6.6% – Time to Sell?

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) traded down 6.6% during mid-day trading on Monday . The stock traded as low as $18.75 and last traded at $20.61. 4,262 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 26,777 shares. The stock had previously closed at $22.07.

Super Hi International Trading Down 10.1 %

The company has a 50 day moving average of $24.43 and a 200-day moving average of $22.03. The stock has a market cap of $1.29 billion and a price-to-earnings ratio of 66.17. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.19 and a current ratio of 2.44.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings data on Tuesday, March 25th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.37). The firm had revenue of $208.76 million for the quarter, compared to analyst estimates of $212.06 million. On average, research analysts anticipate that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current year.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently modified their holdings of the business. Bank of America Corp DE acquired a new stake in shares of Super Hi International in the fourth quarter valued at $52,000. Jane Street Group LLC purchased a new stake in Super Hi International during the 4th quarter worth about $295,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Super Hi International in the 4th quarter valued at about $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.