D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Down 4.5% – Here’s Why

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) traded down 4.5% on Thursday . The stock traded as low as $3.18 and last traded at $3.20. 77,222 shares traded hands during trading, a decline of 91% from the average session volume of 827,443 shares. The stock had previously closed at $3.35.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 2.7 %

The company has a market cap of $917.31 million, a P/E ratio of -21.73 and a beta of 2.46. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 0.69. The business’s 50 day moving average price is $3.02 and its 200-day moving average price is $2.74.

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

Institutional investors have recently bought and sold shares of the business. Acadian Asset Management LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth approximately $326,000. GAMMA Investing LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% during the 3rd quarter. GAMMA Investing LLC now owns 23,098 shares of the company’s stock worth $52,000 after buying an additional 7,412 shares in the last quarter. XTX Topco Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at $58,000. Mackenzie Financial Corp acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at $29,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth $34,000. Institutional investors own 40.46% of the company’s stock.

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.