D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Trading 4.1% Higher

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares traded up 4.1% during trading on Tuesday . The stock traded as high as $2.30 and last traded at $2.29. 60,498 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 508,050 shares. The stock had previously closed at $2.20.

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

The company has a 50-day simple moving average of $2.90 and a two-hundred day simple moving average of $2.14. 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 firm has a market capitalization of $647.18 million, a P/E ratio of 77.33 and a beta of 2.68.

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

Several hedge funds have recently made changes to their positions in HEPS. Mackenzie Financial Corp bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth $29,000. Cubist Systematic Strategies LLC bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter worth about $34,000. XTX Topco Ltd purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth about $58,000. EntryPoint Capital LLC raised its stake 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 buying an additional 65,963 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth $326,000. 40.46% of the stock is currently owned by institutional investors.

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.