Super Hi International's (NASDAQ:HDL - Get Free Report) lock-up period will expire on Wednesday, November 13th. Super Hi International had issued 2,692,700 shares in its IPO on May 17th. The total size of the offering was $52,669,212 based on an initial share price of $19.56. After the end of Super Hi International's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Super Hi International Stock Performance
Shares of Super Hi International stock traded down $0.14 on Wednesday, hitting $16.69. The company had a trading volume of 11,693 shares, compared to its average volume of 30,671. Super Hi International has a 1 year low of $13.94 and a 1 year high of $30.00. The company has a quick ratio of 2.11, a current ratio of 2.33 and a debt-to-equity ratio of 0.46. The stock's 50 day simple moving average is $16.28.
Institutional Investors Weigh In On Super Hi International
Several institutional investors and hedge funds have recently added to or reduced their stakes in HDL. Hood River Capital Management LLC purchased a new stake in Super Hi International during the second quarter worth about $1,060,000. Millennium Management LLC purchased a new stake in shares of Super Hi International during the 2nd quarter worth approximately $4,704,000. Ghisallo Capital Management LLC bought a new stake in shares of Super Hi International in the 2nd quarter worth approximately $689,000. Finally, XY Capital Ltd bought a new position in shares of Super Hi International during the 3rd quarter worth $658,000.
Super Hi International Company Profile
(
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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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