D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Trading Down 7.8%

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares were down 7.8% on Wednesday . The company traded as low as $3.17 and last traded at $3.19. Approximately 336,268 shares were traded during trading, a decline of 32% from the average daily volume of 495,120 shares. The stock had previously closed at $3.46.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 7.2 %

The stock has a market capitalization of $903.23 million, a PE ratio of 108.00 and a beta of 2.69. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.07 and a quick ratio of 0.76. The business’s fifty day moving average price is $2.30 and its two-hundred day moving average price is $1.80.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its quarterly earnings data on Thursday, June 13th. The company reported ($0.01) earnings per share for the quarter. The company 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, equities research analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.05 EPS for the current fiscal year.

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

Several hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at $26,000. Quadrature Capital Ltd boosted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 27.9% in the fourth quarter. Quadrature Capital Ltd now owns 290,675 shares of the company’s stock valued at $519,000 after purchasing an additional 63,390 shares during the last quarter. EntryPoint Capital LLC boosted its holdings in 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 purchasing an additional 65,963 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in 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. Finally, Swedbank AB purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the first quarter valued at $541,000. 40.46% of the stock is owned by hedge funds and other 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.