D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Down 4.7% – What’s Next?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)’s stock price traded down 4.7% on Thursday . The stock traded as low as $3.20 and last traded at $3.21. 995,520 shares were traded during mid-day trading, an increase of 29% from the average session volume of 773,377 shares. The stock had previously closed at $3.37.

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

The company has a quick ratio of 0.69, a current ratio of 1.04 and a debt-to-equity ratio of 0.09. The stock’s fifty day moving average is $2.58 and its two-hundred day moving average is $2.30. The firm has a market capitalization of $891.98 million, a price-to-earnings ratio of 104.33 and a beta of 2.65.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. GSA Capital Partners LLP increased its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 26.9% in the first quarter. GSA Capital Partners LLP now owns 364,288 shares of the company’s stock valued at $546,000 after purchasing an additional 77,237 shares during the last quarter. Swedbank AB bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 1st quarter worth about $541,000. Acadian Asset Management LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at about $326,000. EntryPoint Capital LLC raised its holdings in 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 acquiring an additional 65,963 shares during the period. Finally, Capricorn Fund Managers Ltd acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth approximately $66,000. 40.46% of the stock is owned by institutional investors and hedge funds.

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.