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Super Hi International (NASDAQ:HDL) Trading 8.4% Higher - Still a Buy?

Super Hi International logo with Consumer Cyclical background

Super Hi International Holding Ltd. (NASDAQ:HDL - Get Free Report)'s stock price shot up 8.4% during trading on Tuesday . The stock traded as high as $17.00 and last traded at $17.00. 3,607 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 32,036 shares. The stock had previously closed at $15.68.

Super Hi International Stock Up 5.7 %

The company has a current ratio of 2.33, a quick ratio of 2.11 and a debt-to-equity ratio of 0.46. The stock's 50 day simple moving average is $15.92.

Institutional Investors Weigh In On Super Hi International

Several hedge funds have recently made changes to their positions in HDL. Ghisallo Capital Management LLC acquired a new stake in shares of Super Hi International during the second quarter worth about $689,000. Hood River Capital Management LLC acquired a new stake in shares of Super Hi International during the second quarter worth about $1,060,000. Finally, Millennium Management LLC acquired a new stake in shares of Super Hi International during the second quarter worth about $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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