D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Price Down 5.8%

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)’s share price dropped 5.8% on Thursday . The company traded as low as $2.83 and last traded at $2.93. Approximately 470,069 shares were traded during trading, a decline of 6% from the average daily volume of 499,946 shares. The stock had previously closed at $3.11.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 5.1 %

The firm has a market capitalization of $830.08 million, a P/E ratio of 97.67 and a beta of 2.70. The business has a 50 day moving average price of $2.75 and a 200 day moving average price of $1.99. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.07 and a quick ratio of 0.76.

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

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

A number of hedge funds and other institutional investors have recently made changes to their positions in HEPS. GAMMA Investing LLC bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at $26,000. Mackenzie Financial Corp acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter valued at about $29,000. Cubist Systematic Strategies LLC bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth about $34,000. XTX Topco Ltd acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth approximately $58,000. Finally, EntryPoint Capital LLC raised its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 1,258.1% in the first 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 last quarter. 40.46% of the stock is owned by institutional investors.

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.