D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Price Up 5.1% – Still a Buy?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)’s share price traded up 5.1% during trading on Wednesday . The stock traded as high as $3.80 and last traded at $3.74. 186,722 shares traded hands during trading, a decline of 62% from the average session volume of 496,342 shares. The stock had previously closed at $3.56.

Wall Street Analysts Forecast Growth

HEPS has been the subject of several recent research reports. HSBC lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price objective for the company. in a report on Wednesday, January 22nd. Hsbc Global Res lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Performance

The company has a current ratio of 1.02, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average is $3.25 and its two-hundred day moving average is $2.94.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last issued its quarterly earnings data on Tuesday, December 10th. The company reported ($0.03) earnings per share for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. Analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

Hedge Funds Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

A number of institutional investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter worth approximately $34,000. Flow Traders U.S. LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth $44,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth $47,000. GAMMA Investing LLC increased its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% during the third quarter. GAMMA Investing LLC now owns 23,098 shares of the company’s stock worth $52,000 after acquiring an additional 7,412 shares during the period. Finally, Jump Financial LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter valued at $66,000. 40.46% of the stock is currently 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.