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

Super Hi International logo with Retail/Wholesale background

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $24.00, but opened at $23.27. Super Hi International shares last traded at $23.58, with a volume of 160 shares.

Super Hi International Trading Down 5.9 %

The stock's 50-day moving average is $24.43 and its 200-day moving average is $18.96. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.19 and a current ratio of 2.44.

Super Hi International (NASDAQ:HDL - Get Free Report) last issued its earnings results on Monday, November 25th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.48. Sell-side analysts anticipate that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Super Hi International stock. Millennium Management LLC bought a new stake in shares of Super Hi International Holding Ltd. (NASDAQ:HDL - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 261,342 shares of the company's stock, valued at approximately $4,704,000. Millennium Management LLC owned about 0.40% of Super Hi International at the end of the most recent quarter.

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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