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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 $16.68, but opened at $17.31. Super Hi International shares last traded at $17.03, with a volume of 5,186 shares.

Super Hi International Price Performance

The stock's fifty day moving average is $16.06. The company has a quick ratio of 2.11, a current ratio of 2.33 and a debt-to-equity ratio of 0.46.

Institutional Investors Weigh In On Super Hi International

Several institutional investors and hedge funds have recently added to or reduced their stakes in HDL. Ghisallo Capital Management LLC acquired a new position in shares of Super Hi International during the second quarter valued at approximately $689,000. Millennium Management LLC acquired a new position in Super Hi International in the 2nd quarter valued at $4,704,000. Finally, Hood River Capital Management LLC purchased a new position in Super Hi International in the 2nd quarter valued at $1,060,000.

Super Hi International Company Profile

(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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