Super Hi International (NASDAQ:HDL) Sees Large Volume Increase – Time to Buy?

Super Hi International Holding Ltd. (NASDAQ:HDL) saw unusually-strong trading volume on Friday . Approximately 23,642 shares were traded during mid-day trading, an increase of 95% from the previous session’s volume of 12,141 shares.The stock last traded at $24.75 and had previously closed at $24.83.

Super Hi International Stock Down 5.0 %

The firm’s 50 day moving average price is $25.37 and its 200 day moving average price is $20.18. 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 earnings results on Monday, November 25th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.12 by $0.48. On average, equities analysts anticipate that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current year.

Institutional Trading of Super Hi International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE bought a new position in shares of Super Hi International in the 4th quarter worth approximately $52,000. Arrowstreet Capital Limited Partnership purchased a new stake in Super Hi International in the fourth quarter worth $278,000. Jane Street Group LLC bought a new position in Super Hi International in the fourth quarter worth $295,000. Finally, XY Capital Ltd purchased a new position in Super Hi International during the third quarter valued at $658,000.

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.