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

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) gapped down prior to trading on Wednesday . The stock had previously closed at $24.66, but opened at $24.08. Super Hi International shares last traded at $24.49, with a volume of 2,012 shares.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.19 and a current ratio of 2.44. The firm has a 50 day moving average price of $23.33 and a 200 day moving average price of $18.65.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings results on Monday, November 25th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.48. Sell-side analysts predict that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. XY Capital Ltd acquired a new position in Super Hi International during the third quarter worth $658,000. Ghisallo Capital Management LLC acquired a new position in shares of Super Hi International during the 2nd quarter worth $689,000. Hood River Capital Management LLC purchased a new stake in shares of Super Hi International in the 2nd quarter worth about $1,060,000. Finally, Millennium Management LLC acquired a new stake in Super Hi International in the 2nd quarter valued at about $4,704,000.

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.