Haidilao International (OTCMKTS:HDALF) Stock Rating Lowered by CLSA

Haidilao International (OTCMKTS:HDALF – Get Rating) was downgraded by stock analysts at CLSA from an “outperform” rating to an “underperform” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

Haidilao International Price Performance

HDALF stock opened at $2.76 on Wednesday. The business’s fifty day moving average is $2.80 and its 200-day moving average is $2.38. Haidilao International has a twelve month low of $1.44 and a twelve month high of $3.26.

Haidilao International Company Profile

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Haidilao International Holding Ltd. operates as an investment holding company. The firm engages in restaurants operation and relevant delivery businesses. It focuses on Chinese cuisine restaurant brand on hot pot cuisine. The company was founded by Li Hai Yan, Shi Yong Hong, Shu Ping and Zhang Young on July 14, 2015 and is headquartered in Beijing, China.