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Super Hi International (NASDAQ:HDL) Shares Gap Up - Time to Buy?

Super Hi International logo with Consumer Cyclical background

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $16.06, but opened at $17.40. Super Hi International shares last traded at $16.45, with a volume of 2,751 shares.

Super Hi International Stock Up 2.4 %

The stock has a 50 day moving average price of $15.89. The company has a quick ratio of 2.11, a current ratio of 2.33 and a debt-to-equity ratio of 0.46.

Hedge Funds Weigh In On Super Hi International

Large investors have recently added to or reduced their stakes in the company. Ghisallo Capital Management LLC acquired a new stake in Super Hi International during the second quarter worth about $689,000. Millennium Management LLC bought a new position in shares of Super Hi International during the second quarter valued at approximately $4,704,000. Finally, Hood River Capital Management LLC acquired a new stake in shares of Super Hi International during the 2nd quarter worth approximately $1,060,000.

About Super Hi International

(Get Free Report)

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.

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