D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Trading Down 4% – Here’s Why

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares dropped 4% on Monday . The stock traded as low as $2.14 and last traded at $2.15. Approximately 112,101 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 502,730 shares. The stock had previously closed at $2.24.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 4.0 %

The firm has a fifty day moving average of $2.56 and a two-hundred day moving average of $2.23. The company has a market cap of $604.97 million, a PE ratio of 74.67 and a beta of 2.65. The company has a current ratio of 1.04, a quick ratio of 0.69 and a debt-to-equity ratio of 0.09.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its earnings results on Wednesday, September 11th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $312.22 million for 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%. As a group, sell-side analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HEPS. Swedbank AB bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 1st quarter valued at about $541,000. Acadian Asset Management LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter valued at about $326,000. GSA Capital Partners LLP boosted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 26.9% during the 1st quarter. GSA Capital Partners LLP now owns 364,288 shares of the company’s stock valued at $546,000 after acquiring an additional 77,237 shares during the last quarter. EntryPoint Capital LLC boosted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 1,258.1% during 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 last quarter. Finally, Quadrature Capital Ltd boosted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 27.9% during the 4th quarter. Quadrature Capital Ltd now owns 290,675 shares of the company’s stock valued at $519,000 after acquiring an additional 63,390 shares during the last quarter. Hedge funds and other 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.