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 Monday . The stock had previously closed at $20.53, but opened at $20.00. Super Hi International shares last traded at $19.75, with a volume of 3,312 shares.

Super Hi International Trading Up 1.8 %

The firm has a fifty day moving average price of $17.06. The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. XY Capital Ltd purchased a new stake in Super Hi International in the third quarter valued at $658,000. Ghisallo Capital Management LLC acquired a new position in shares of Super Hi International in the 2nd quarter valued at about $689,000. Hood River Capital Management LLC purchased a new stake in shares of Super Hi International in the second quarter worth about $1,060,000. Finally, Millennium Management LLC acquired a new stake in Super Hi International during the second quarter worth about $4,704,000.

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.