VR Advisory Services Ltd Acquires New Stake in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

VR Advisory Services Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,746,358 shares of the company’s stock, valued at approximately $8,321,000. D-Market Elektronik Hizmetler ve Ticaret A.S. makes up approximately 2.1% of VR Advisory Services Ltd’s portfolio, making the stock its 8th biggest holding. VR Advisory Services Ltd owned 0.98% of D-Market Elektronik Hizmetler ve Ticaret A.S. at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of HEPS. Tekne Capital Management LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at approximately $18,786,000. Brightlight Capital Management LP purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth $14,533,000. BIT Capital GmbH lifted its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% during the fourth quarter. BIT Capital GmbH now owns 1,499,495 shares of the company’s stock valued at $4,543,000 after purchasing an additional 1,483,304 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at $2,735,000. Finally, OLP CAPITAL MANAGEMENT Ltd bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter worth about $702,000. 40.46% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ HEPS opened at $2.69 on Tuesday. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 12-month low of $1.59 and a 12-month high of $4.05. The firm has a market capitalization of $864.52 million, a price-to-earnings ratio of -17.93 and a beta of 2.42. The company has a current ratio of 1.02, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18. The firm has a 50 day moving average of $2.78 and a 200 day moving average of $3.06.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $0.40 million 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%. On average, research analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

Analyst Ratings Changes

HEPS has been the topic of several research analyst reports. Hsbc Global Res cut shares of 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. HSBC downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a research report on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Profile

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.