Super Hi International (NASDAQ:HDL) Trading Down 3.1% – Here’s What Happened

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) were down 3.1% during mid-day trading on Monday . The company traded as low as $25.50 and last traded at $25.75. Approximately 987 shares were traded during mid-day 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 Price Performance

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 business’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 issued 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). Equities analysts forecast that Super Hi International Holding Ltd. will post 0.67 EPS for the current fiscal year.

Institutional Trading of Super Hi International

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE bought a new position in shares of Super Hi International during the 4th quarter valued at $52,000. Arrowstreet Capital Limited Partnership acquired a new position in Super Hi International during the fourth quarter worth $278,000. Finally, Jane Street Group LLC bought a new position in Super Hi International during the fourth quarter valued at about $295,000.

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.