D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Trading Down 4% – What’s Next?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)’s share price traded down 4% during trading on Monday . The company traded as low as $2.14 and last traded at $2.15. 112,101 shares changed hands during trading, a decline of 78% from the average session volume of 502,730 shares. The stock had previously closed at $2.24.

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

The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.69 and a current ratio of 1.04. The company has a fifty day moving average price of $2.54 and a two-hundred day moving average price of $2.24. The company has a market cap of $616.23 million, a P/E ratio of 73.00 and a beta of 2.65.

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

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

Institutional investors have recently bought and sold shares of the business. Capricorn Fund Managers Ltd bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter worth approximately $66,000. GAMMA Investing LLC boosted 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 purchasing an additional 7,412 shares during the period. Cubist Systematic Strategies LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter valued at $34,000. Mackenzie Financial Corp bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter valued at about $29,000. Finally, XTX Topco Ltd acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth about $58,000. Institutional investors and hedge funds own 40.46% of the company’s stock.

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.