Super Hi International (NASDAQ:HDL) Trading Down 5% – What’s Next?

Super Hi International Holding Ltd. (NASDAQ:HDL)’s stock price fell 5% on Wednesday . The stock traded as low as $23.61 and last traded at $23.61. 21,194 shares were traded during trading, an increase of 12% from the average session volume of 18,872 shares. The stock had previously closed at $24.86.

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 company’s 50-day moving average price is $23.07 and its two-hundred day moving average price is $18.55.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. XY Capital Ltd acquired a new position in shares of Super Hi International in the third quarter worth about $658,000. Ghisallo Capital Management LLC acquired a new stake in shares of Super Hi International during the second quarter worth approximately $689,000. Hood River Capital Management LLC acquired a new stake in shares of Super Hi International during the second quarter worth approximately $1,060,000. Finally, Millennium Management LLC acquired a new stake in shares of Super Hi International during the second quarter worth approximately $4,704,000.

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.