Super Hi International (NASDAQ:HDL) Trading Down 3.1% – Should You Sell?

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) dropped 3.1% on Monday . The stock traded as low as $25.50 and last traded at $25.75. Approximately 987 shares changed hands during trading, a decline of 96% from the average daily volume of 27,545 shares. The stock had previously closed at $26.57.

Super Hi International Trading Down 14.3 %

The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19. The firm’s 50-day simple moving average is $24.53 and its 200 day simple moving average is $21.54.

Super Hi International (NASDAQ:HDL) last released its 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). As a group, analysts predict that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current year.

Hedge Funds Weigh In On Super Hi International

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE purchased a new stake in Super Hi International during the fourth quarter valued at about $52,000. Jane Street Group LLC acquired a new stake in shares of Super Hi International during the fourth quarter valued at approximately $295,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Super Hi International in the 4th quarter valued at approximately $278,000.

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.