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

Super Hi International Holding Ltd. (NASDAQ:HDL) gapped up prior to trading on Tuesday . The stock had previously closed at $23.29, but opened at $25.00. Super Hi International shares last traded at $24.62, with a volume of 812 shares trading hands.

Super Hi International Stock Up 5.7 %

The business’s fifty day moving average is $23.33 and its two-hundred day moving average is $18.65. 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 Trading of Super Hi International

Large investors have recently modified their holdings of the stock. XY Capital Ltd purchased a new stake in Super Hi International during the 3rd quarter worth about $658,000. Ghisallo Capital Management LLC acquired a new position in shares of Super Hi International during the second quarter worth about $689,000. Hood River Capital Management LLC purchased 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 Super Hi International in the second quarter valued at 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.