HDL Stock Surges 5.22% Amid Strong Buy Ratings

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Nov 04, 2024

Shares of HDL International (HDL, Financial) experienced significant movement, rising by 5.22%. The stock is currently priced at $17.12 per share with a trading volume of 6,271 shares, reflecting a turnover rate of 0.01% and a price fluctuation of 0.71%.

Recent financial results for HDL show a revenue of $183 million, a net loss of $125,678.88, and earnings per share at $0.00. The company's gross profit stands at $40.21 million, with a price-to-earnings ratio of 56.48. Notably, all of the eight financial institutions that rated the stock have given a "buy" recommendation, with none suggesting "hold" or "sell".

Within the restaurant industry, where HDL operates, the sector experienced a decline of 0.71%. Other notable performers in this space included Yum China, with substantial gains alongside HDL and Brinker International. Dine Brands Global and Papa John's were also active, showing turnover rates of 3.42%, 2.00%, and 1.81%, respectively. Stocks showing high volatility included Yoshiharu Global Co., Tims China, and Xiang Song International, with fluctuations of 16.12%, 11.30%, and 9.97%.

HDL International Holding Ltd. is an investment holding company primarily engaged in restaurant operations, delivery services, and the sales of hot pot seasonings and food ingredients in overseas markets outside mainland China, Hong Kong, Macau, and Taiwan.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.