D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Sees Unusually-High Trading Volume

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares saw strong trading volume on Monday . 364,816 shares changed hands during mid-day trading, a decline of 27% from the previous session’s volume of 500,538 shares.The stock last traded at $2.59 and had previously closed at $2.86.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 5.2 %

The firm’s 50-day simple moving average is $2.57 and its 200 day simple moving average is $1.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.76 and a current ratio of 1.07. The company has a market cap of $711.90 million, a P/E ratio of 85.33 and a beta of 2.70.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its quarterly earnings data on Thursday, June 13th. The company reported ($0.01) EPS for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a return on equity of 14.23% and a net margin of 0.63%. The company had revenue of $365.55 million for the quarter. On average, research analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.05 earnings per share for the current fiscal year.

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

Hedge funds have recently modified their holdings of the company. GAMMA Investing LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at approximately $26,000. EntryPoint Capital LLC grew its holdings 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 buying an additional 65,963 shares during the period. Acadian Asset Management LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at $326,000. Quadrature Capital Ltd raised its stake in 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 buying an additional 63,390 shares during the period. Finally, Swedbank AB bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the first quarter worth about $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.