D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Trading 5.6% Higher – Here’s Why

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) rose 5.6% during mid-day trading on Thursday . The company traded as high as $3.18 and last traded at $3.18. Approximately 168,825 shares traded hands during trading, a decline of 80% from the average daily volume of 830,657 shares. The stock had previously closed at $3.01.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Up 2.2 %

The company has a quick ratio of 0.69, a current ratio of 1.04 and a debt-to-equity ratio of 0.09. The company has a 50-day moving average price of $2.96 and a 200-day moving average price of $2.70. The company has a market capitalization of $897.60 million, a price-to-earnings ratio of -21.27 and a beta of 2.46.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last released its earnings results on Wednesday, September 11th. The company reported ($0.04) earnings per share (EPS) for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.28% and a negative return on equity of 29.53%. The business had revenue of $312.22 million during the quarter. Research analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

A number of hedge funds have recently bought and sold shares of the stock. Mackenzie Financial Corp bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth about $29,000. Cubist Systematic Strategies LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth about $34,000. Flow Traders U.S. LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth about $44,000. Dynamic Technology Lab Private Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter valued at about $47,000. Finally, GAMMA Investing LLC raised its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% in the 3rd quarter. GAMMA Investing LLC now owns 23,098 shares of the company’s stock valued at $52,000 after acquiring an additional 7,412 shares in the last quarter. 40.46% of the stock is owned by institutional investors.

D-Market Elektronik Hizmetler ve Ticaret A.S. Company Profile

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.