Super Hi International (NASDAQ:HDL) Shares Gap Down – Here’s Why

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price 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 changing hands.

Super Hi International Trading Down 3.9 %

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 stock’s 50-day simple moving average is $24.76 and its two-hundred day simple moving average is $20.86.

Institutional Investors Weigh In On Super Hi International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in Super Hi International during the fourth quarter valued at $295,000. Arrowstreet Capital Limited Partnership acquired a new position in Super Hi International during the fourth quarter worth $278,000. Finally, Bank of America Corp DE purchased a new stake in shares of Super Hi International in the 4th quarter valued at approximately $52,000.

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.