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

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) gapped down before the market opened on Monday . The stock had previously closed at $20.35, but opened at $19.11. Super Hi International shares last traded at $21.57, with a volume of 3,318 shares changing hands.

Super Hi International Price Performance

The business’s 50-day moving average price is $23.55 and its 200 day moving average price is $22.13. The company has a market capitalization of $1.26 billion and a P/E ratio of 64.83. 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 released its quarterly earnings results on Tuesday, March 25th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.37). The firm had revenue of $208.76 million for the quarter, compared to analysts’ expectations of $212.06 million. Analysts anticipate that Super Hi International Holding Ltd. will post 0.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

A number of institutional investors have recently added to or reduced their stakes in HDL. Arrowstreet Capital Limited Partnership purchased a new position in shares of Super Hi International during the fourth quarter worth about $278,000. Bank of America Corp DE purchased a new position in Super Hi International in the 4th quarter worth approximately $52,000. Finally, Jane Street Group LLC bought a new position in shares of Super Hi International in the 4th quarter worth $295,000.

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.