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

Super Hi International Holding Ltd. (NASDAQ:HDL)’s share price gapped up before the market opened on Friday . The stock had previously closed at $16.06, but opened at $17.40. Super Hi International shares last traded at $16.45, with a volume of 2,751 shares changing hands.

Super Hi International Price Performance

The firm’s fifty day simple moving average is $15.89. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.11 and a current ratio of 2.33.

Institutional Trading of Super Hi International

A number of large investors have recently made changes to their positions in the stock. Ghisallo Capital Management LLC bought a new stake in shares of Super Hi International in the 2nd quarter valued at about $689,000. Millennium Management LLC purchased a new stake in Super Hi International in the second quarter valued at approximately $4,704,000. Finally, Hood River Capital Management LLC acquired a new stake in shares of Super Hi International in the second quarter worth $1,060,000.

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.