D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Up 7.8%

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares rose 7.8% on Friday . The stock traded as high as $3.18 and last traded at $3.17. Approximately 95,925 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 500,470 shares. The stock had previously closed at $2.94.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Up 6.5 %

The firm’s 50-day simple moving average is $2.67 and its 200-day simple moving average is $1.95. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $880.73 million, a P/E ratio of 107.33 and a beta of 2.70.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its earnings results on Thursday, June 13th. The company reported ($0.01) earnings per share (EPS) for 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%. The business had revenue of $365.55 million for the quarter. Analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.05 EPS for the current year.

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

Large investors have recently modified their holdings of the stock. Swedbank AB bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 1st quarter worth $541,000. GAMMA Investing LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth about $26,000. Quadrature Capital Ltd grew its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 27.9% during the 4th quarter. Quadrature Capital Ltd now owns 290,675 shares of the company’s stock worth $519,000 after purchasing an additional 63,390 shares during the period. GSA Capital Partners LLP grew its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 26.9% during the 1st quarter. GSA Capital Partners LLP now owns 364,288 shares of the company’s stock valued at $546,000 after acquiring an additional 77,237 shares during the period. Finally, EntryPoint Capital LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 1,258.1% during the first 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 in the last quarter. Institutional investors own 40.46% of the company’s stock.

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.