Super Hi International (NASDAQ:HDL) Shares Gap Down – Here’s What Happened

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $24.41, but opened at $23.68. Super Hi International shares last traded at $23.33, with a volume of 4,714 shares.

Super Hi International Stock Up 0.9 %

The company’s fifty day moving average is $25.79 and its 200-day moving average is $19.73. The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43.

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

Institutional Investors Weigh In On Super Hi International

A number of institutional investors have recently added to or reduced their stakes in HDL. Bank of America Corp DE purchased a new stake in Super Hi International during the 4th quarter valued at approximately $52,000. Arrowstreet Capital Limited Partnership purchased a new stake in Super Hi International during the 4th quarter valued at approximately $278,000. Jane Street Group LLC purchased a new stake in Super Hi International during the 4th quarter valued at approximately $295,000. Finally, XY Capital Ltd purchased a new stake in Super Hi International during the 3rd quarter valued at approximately $658,000.

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.