Super Hi International (NASDAQ:HDL) Shares Gap Up – Still a Buy?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price gapped up prior to trading on Monday . The stock had previously closed at $16.29, but opened at $17.23. Super Hi International shares last traded at $17.17, with a volume of 3,490 shares changing hands.

Super Hi International Price Performance

The stock has a 50 day simple moving average of $16.76. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.33 and a quick ratio of 2.11.

Hedge Funds Weigh In On Super Hi International

A number of hedge funds have recently added to or reduced their stakes in HDL. XY Capital Ltd purchased a new stake in shares of Super Hi International in the third quarter valued at approximately $658,000. Ghisallo Capital Management LLC purchased a new stake in shares of Super Hi International in the 2nd quarter worth $689,000. Hood River Capital Management LLC purchased a new stake in shares of Super Hi International in the 2nd quarter worth $1,060,000. Finally, Millennium Management LLC bought a new position in shares of Super Hi International during the 2nd quarter worth $4,704,000.

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.