D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Sees Large Volume Increase

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) saw an uptick in trading volume on Friday . 555,738 shares traded hands during mid-day trading, an increase of 41% from the previous session’s volume of 393,579 shares.The stock last traded at $2.24 and had previously closed at $2.09.

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

The stock has a 50 day simple moving average of $1.75 and a two-hundred day simple moving average of $1.63. The company has a market capitalization of $621.85 million, a price-to-earnings ratio of 73.33 and a beta of 2.68. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.07 and a quick ratio of 0.76.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its quarterly earnings results on Monday, March 25th. The company reported ($0.04) EPS for the quarter. The company had revenue of $413.93 million during the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a net margin of 0.63% and a return on equity of 14.23%.

Institutional Investors Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter worth about $26,000. EntryPoint Capital LLC boosted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 1,258.1% in the 1st quarter. EntryPoint Capital LLC now owns 71,206 shares of the company’s stock valued at $107,000 after purchasing an additional 65,963 shares during the period. Quadrature Capital Ltd grew its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 68.1% during the 3rd quarter. Quadrature Capital Ltd now owns 227,285 shares of the company’s stock worth $305,000 after buying an additional 92,109 shares during the last quarter. Acadian Asset Management LLC increased its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 246.3% during the third quarter. Acadian Asset Management LLC now owns 353,088 shares of the company’s stock worth $466,000 after buying an additional 251,132 shares during the period. Finally, Swedbank AB purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the first quarter valued at approximately $541,000. 40.46% of the stock is currently owned by institutional investors and hedge funds.

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.