D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Gap Down – Time to Sell?

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) gapped down prior to trading on Wednesday . The stock had previously closed at $3.17, but opened at $3.05. D-Market Elektronik Hizmetler ve Ticaret A.S. shares last traded at $2.97, with a volume of 139,336 shares changing hands.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Hsbc Global Res downgraded shares of 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. HSBC downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a research note on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 4.3 %

The stock has a market cap of $854.00 million, a P/E ratio of -20.23 and a beta of 2.42. 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 fifty day moving average is $3.30 and its 200 day moving average is $3.02.

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 HEPS. GAMMA Investing LLC boosted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock valued at $83,000 after acquiring an additional 4,152 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company’s stock valued at $756,000 after purchasing an additional 5,855 shares during the period. Flow Traders U.S. LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth $44,000. Dynamic Technology Lab Private Ltd bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter worth about $47,000. Finally, Jump Financial LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at about $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.