D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Price Up 5.6% – What’s Next?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares were up 5.6% during trading on Thursday . The company traded as high as $3.18 and last traded at $3.18. Approximately 168,825 shares traded hands during mid-day 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. Stock Up 4.3 %

The firm has a 50-day moving average price of $2.92 and a two-hundred day moving average price of $2.69. The firm has a market cap of $883.54 million, a price-to-earnings ratio of -21.50 and a beta of 2.46. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.69 and a current ratio of 1.04.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its quarterly earnings results on Wednesday, September 11th. The company reported ($0.04) EPS for the quarter. The company had revenue of $312.22 million during the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.29% and a negative return on equity of 27.17%. On average, sell-side analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

Institutional Inflows and Outflows

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

About D-Market Elektronik Hizmetler ve Ticaret A.S.

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.