Super Hi International (NASDAQ:HDL) Shares Gap Down – What’s Next?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price gapped down prior to trading on Friday . The stock had previously closed at $23.75, but opened at $22.01. Super Hi International shares last traded at $22.73, with a volume of 270 shares trading hands.

Super Hi International Stock Down 2.4 %

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 company has a market capitalization of $1.51 billion and a price-to-earnings ratio of 77.27. The stock’s fifty day simple moving average is $24.53 and its two-hundred day simple moving average is $21.68.

Super Hi International (NASDAQ:HDL) last posted its earnings results on Tuesday, March 25th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.37). The company had revenue of $208.76 million during the quarter, compared to analysts’ expectations of $212.06 million. On average, sell-side analysts anticipate that Super Hi International Holding Ltd. will post 0.67 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HDL. Arrowstreet Capital Limited Partnership acquired a new position in Super Hi International in the 4th quarter worth $278,000. Jane Street Group LLC acquired a new position in Super Hi International in the 4th quarter valued at $295,000. Finally, Bank of America Corp DE acquired a new stake in Super Hi International in the 4th quarter worth about $52,000.

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.