Super Hi International (NASDAQ:HDL) Trading 4.1% Higher – Time to Buy?

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) were up 4.1% during trading on Thursday . The stock traded as high as $26.00 and last traded at $25.65. Approximately 7,415 shares traded hands during trading, a decline of 76% from the average daily volume of 30,575 shares. The stock had previously closed at $24.65.

Super Hi International Trading Up 2.5 %

The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43. The stock’s 50 day moving average is $17.94 and its 200 day moving average is $17.07.

Institutional Trading of Super Hi International

Several institutional investors have recently added to or reduced their stakes in the company. XY Capital Ltd bought a new position in Super Hi International during the 3rd quarter worth $658,000. Ghisallo Capital Management LLC bought a new position in Super Hi International during the second quarter worth about $689,000. Hood River Capital Management LLC acquired a new stake in Super Hi International in the 2nd quarter worth about $1,060,000. Finally, Millennium Management LLC acquired a new stake in Super Hi International in the 2nd quarter worth about $4,704,000.

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.