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

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $24.00, but opened at $23.27. Super Hi International shares last traded at $23.58, with a volume of 160 shares trading hands.

Super Hi International Price Performance

The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43. The firm’s 50-day simple moving average is $23.95 and its 200 day simple moving average is $18.83.

Super Hi International (NASDAQ:HDL) last released its quarterly earnings data on Monday, November 25th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.48. As a group, sell-side analysts forecast that Super Hi International Holding Ltd. will post 0.67 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HDL. XY Capital Ltd acquired a new position in shares of Super Hi International during the 3rd quarter worth about $658,000. Ghisallo Capital Management LLC acquired a new position in shares of Super Hi International during the 2nd quarter worth about $689,000. Finally, Millennium Management LLC acquired a new stake in Super Hi International in the 2nd quarter valued at 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.