Super Hi International (NASDAQ:HDL) Sees Strong Trading Volume – Time to Buy?

Super Hi International Holding Ltd. (NASDAQ:HDL) shares saw unusually-strong trading volume on Wednesday . Approximately 14,725 shares were traded during trading, an increase of 28% from the previous session’s volume of 11,484 shares.The stock last traded at $23.30 and had previously closed at $23.51.

Super Hi International Price Performance

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 firm has a 50 day moving average price of $25.69 and a two-hundred day moving average price of $19.84.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HDL. XY Capital Ltd bought a new position in shares of Super Hi International during the third quarter worth $658,000. Bank of America Corp DE bought a new position in Super Hi International in the fourth quarter valued at approximately $52,000. Jane Street Group LLC bought a new position in Super Hi International in the fourth quarter valued at approximately $295,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Super Hi International in the fourth quarter valued at 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.