Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – What’s Next?

Super Hi International Holding Ltd. (NASDAQ:HDL) saw strong trading volume on Friday . 23,642 shares were traded during trading, an increase of 95% from the previous session’s volume of 12,141 shares.The stock last traded at $24.75 and had previously closed at $24.83.

Super Hi International Stock Down 5.0 %

The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.19 and a current ratio of 2.44. The company’s 50 day moving average price is $25.37 and its 200-day moving average price is $20.18.

Super Hi International (NASDAQ:HDL) last released its earnings results on Monday, November 25th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.48. Equities analysts forecast that Super Hi International Holding Ltd. will post 0.67 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

Large investors have recently added to or reduced their stakes in the company. XY Capital Ltd bought a new position in Super Hi International during the third quarter worth about $658,000. Bank of America Corp DE bought a new stake in Super Hi International during the 4th quarter worth approximately $52,000. Jane Street Group LLC purchased a new stake in Super Hi International in the 4th quarter worth approximately $295,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Super Hi International in the fourth quarter worth approximately $278,000.

About Super Hi International

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.