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Super Hi International (NASDAQ:HDL) Shares Gap Up - Here's Why

Super Hi International logo with Retail/Wholesale background

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $16.27, but opened at $17.01. Super Hi International shares last traded at $16.92, with a volume of 2,999 shares.

Super Hi International Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.11 and a current ratio of 2.33. The stock has a 50 day simple moving average of $16.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. XY Capital Ltd bought a new position in shares of Super Hi International in the third quarter valued at approximately $658,000. Ghisallo Capital Management LLC acquired a new position in Super Hi International during the 2nd quarter valued at about $689,000. Hood River Capital Management LLC bought a new position in shares of Super Hi International in the 2nd quarter valued at about $1,060,000. Finally, Millennium Management LLC acquired a new stake in shares of Super Hi International during the 2nd quarter worth approximately $4,704,000.

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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