D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) Sees Significant Growth in Short Interest

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 931,900 shares, an increase of 114.6% from the September 15th total of 434,300 shares. Based on an average daily trading volume, of 723,900 shares, the short-interest ratio is currently 1.3 days.

Several analysts have recently weighed in on HEPS shares. Bank of America cut shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi from a “buy” rating to a “neutral” rating and set a $12.00 price target for the company. in a research note on Tuesday, August 31st. HSBC assumed coverage on shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a report on Wednesday, August 4th. They issued a “buy” rating and a $19.00 price objective on the stock. Zacks Investment Research lowered shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi from a “hold” rating to a “sell” rating in a report on Monday, September 27th. Morgan Stanley assumed coverage on shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a report on Tuesday, July 27th. They issued an “equal weight” rating and a $15.00 price objective on the stock. Finally, JPMorgan Chase & Co. assumed coverage on shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a report on Tuesday, July 27th. They issued an “overweight” rating and a $16.40 price objective on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $17.66.

Shares of HEPS stock opened at $5.54 on Thursday. The business has a 50 day moving average of $8.67. D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi has a one year low of $5.32 and a one year high of $15.23.

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) last released its earnings results on Thursday, August 26th. The company reported ($0.35) earnings per share (EPS) for the quarter. The business had revenue of $537.50 million for the quarter. Research analysts anticipate that D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi will post -0.45 earnings per share for the current year.

About D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi operates an e-commerce platform. Its platform comprise Hepsiburada to shop a range of products online; HepsiExpress to order groceries and essentials; HepsiGlobal to discover and purchase products from international merchants online; HepsiPay to use various online payment options; and HepsiFly to purchase airline tickets online.

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