Super Hi International (NASDAQ:HDL) Shares Gap Up – Here’s What Happened

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $22.93, but opened at $23.49. Super Hi International shares last traded at $23.41, with a volume of 960 shares traded.

Super Hi International Trading Up 1.2 %

The firm has a 50-day moving average of $24.49 and a two-hundred day moving average of $21.85. The firm has a market capitalization of $1.51 billion and a P/E ratio of 77.37. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Tuesday, March 25th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.37). The firm had revenue of $208.76 million for the quarter, compared to the consensus estimate of $212.06 million. On average, analysts anticipate that Super Hi International Holding Ltd. will post 0.67 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Bank of America Corp DE acquired a new stake in shares of Super Hi International during the 4th quarter valued at $52,000. Arrowstreet Capital Limited Partnership bought a new position in Super Hi International in the fourth quarter valued at about $278,000. Finally, Jane Street Group LLC bought a new stake in shares of Super Hi International during the fourth quarter worth about $295,000.

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.