Super Hi International (NASDAQ:HDL) Shares Gap Down – Time to Sell?

Super Hi International Holding Ltd. (NASDAQ:HDL) gapped down prior to trading on Thursday . The stock had previously closed at $25.79, but opened at $24.31. Super Hi International shares last traded at $24.12, with a volume of 569 shares traded.

Super Hi International Stock Down 0.4 %

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 business’s fifty day moving average is $24.60 and its two-hundred day moving average is $20.94.

Institutional Investors Weigh In On Super Hi International

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