Super Hi International (NASDAQ:HDL) Stock Price Up 8.4% – Should You Buy?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price traded up 8.4% on Tuesday . The stock traded as high as $17.00 and last traded at $17.00. 3,607 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 32,036 shares. The stock had previously closed at $15.68.

Super Hi International Trading Up 5.9 %

The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.11 and a current ratio of 2.33. The company has a 50-day simple moving average of $15.92.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Millennium Management LLC bought a new position in shares of Super Hi International in the 2nd quarter valued at about $4,704,000. Hood River Capital Management LLC acquired a new stake in shares of Super Hi International in the second quarter valued at approximately $1,060,000. Finally, Ghisallo Capital Management LLC acquired a new stake in shares of Super Hi International in the second quarter valued at approximately $689,000.

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.