Super Hi International (NASDAQ:HDL) Shares Gap Up – Still a Buy?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $16.29, but opened at $17.23. Super Hi International shares last traded at $17.17, with a volume of 3,490 shares.

Super Hi International Stock Down 1.9 %

The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.11 and a current ratio of 2.33. The firm has a fifty day moving average of $16.69.

Institutional Investors Weigh In On Super Hi International

Institutional investors have recently made changes to their positions in the stock. Millennium Management LLC bought a new position in Super Hi International in the 2nd quarter valued at $4,704,000. Hood River Capital Management LLC purchased a new stake in shares of Super Hi International in the second quarter worth $1,060,000. Ghisallo Capital Management LLC bought a new stake in Super Hi International during the second quarter valued at $689,000. Finally, XY Capital Ltd purchased a new position in Super Hi International during the third quarter worth about $658,000.

Super Hi International Company Profile

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.