Super Hi International (NASDAQ:HDL) Stock Price Up 4.1% – Here’s What Happened

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) were up 4.1% during trading on Thursday . The stock traded as high as $26.00 and last traded at $25.65. Approximately 7,415 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 30,575 shares. The stock had previously closed at $24.65.

Super Hi International Stock Up 2.5 %

The firm’s 50-day moving average price is $17.94 and its 200 day moving average price is $17.07. The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43.

Hedge Funds Weigh In On Super Hi International

Hedge funds and other institutional investors have recently modified their holdings of the business. Hood River Capital Management LLC acquired a new stake in Super Hi International in the second quarter valued at approximately $1,060,000. Millennium Management LLC bought a new stake in Super Hi International during the 2nd quarter worth $4,704,000. Ghisallo Capital Management LLC bought a new stake in Super Hi International during the 2nd quarter worth $689,000. Finally, XY Capital Ltd acquired a new position in Super Hi International in the 3rd 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.