Super Hi International (NASDAQ:HDL) Shares Up 4.2% – Time to Buy?

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) shot up 4.2% during mid-day trading on Tuesday . The stock traded as high as $24.90 and last traded at $25.95. 473 shares were traded during trading, a decline of 98% from the average session volume of 27,993 shares. The stock had previously closed at $24.90.

Super Hi International Stock Up 4.8 %

The firm has a fifty day moving average of $24.54 and a 200-day moving average of $21.08. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE purchased a new stake in shares of Super Hi International in the fourth quarter valued at $52,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Super Hi International in the fourth quarter valued at $278,000. Finally, Jane Street Group LLC purchased a new stake in shares of Super Hi International in the fourth quarter valued at $295,000.

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.