Super Hi International (NASDAQ:HDL) Shares Gap Down – Here’s What Happened

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) gapped down before the market opened on Monday . The stock had previously closed at $20.53, but opened at $20.00. Super Hi International shares last traded at $19.75, with a volume of 3,312 shares.

Super Hi International Price Performance

The stock’s fifty day moving average is $17.06. The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43.

Institutional Investors Weigh In On Super Hi International

A number of institutional investors have recently added to or reduced their stakes in the stock. XY Capital Ltd acquired a new stake in Super Hi International in the 3rd quarter worth about $658,000. Ghisallo Capital Management LLC purchased a new position in shares of Super Hi International in the second quarter valued at approximately $689,000. Hood River Capital Management LLC purchased a new position in shares of Super Hi International in the second quarter valued at approximately $1,060,000. Finally, Millennium Management LLC acquired a new stake in shares of Super Hi International in the second quarter worth approximately $4,704,000.

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.