D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Price Up 5.1% – Still a Buy?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) was up 5.1% during mid-day trading on Wednesday . The stock traded as high as $3.80 and last traded at $3.74. Approximately 186,722 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 496,342 shares. The stock had previously closed at $3.56.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. HSBC cut D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 target price on the stock. in a research note on Wednesday, January 22nd. Hsbc Global Res lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Price Performance

The firm has a market capitalization of $1.03 billion, a P/E ratio of -24.37 and a beta of 2.43. The stock’s 50 day simple moving average is $3.23 and its 200 day simple moving average is $2.93. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its quarterly earnings data on Tuesday, December 10th. The company reported ($0.03) earnings per share (EPS) for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. As a group, analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

Institutional investors and hedge funds have recently made changes to their positions in the company. Cubist Systematic Strategies LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth about $34,000. Flow Traders U.S. LLC bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter valued at approximately $44,000. Dynamic Technology Lab Private Ltd bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter valued at approximately $47,000. GAMMA Investing LLC raised its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% in the third 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. Finally, Jane Street Group LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the third quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock worth $110,000 after buying an additional 29,046 shares during the period. 40.46% of the stock is currently owned by 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.