D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Stock Price Up 0.7% – Here’s Why

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) shares rose 0.7% on Monday . The company traded as high as $2.87 and last traded at $2.84. Approximately 162,652 shares changed hands during mid-day trading, an increase of 43% from the average session volume of 113,606 shares. The stock had previously closed at $2.82.

D-MARKET Electronic Services & Trading Trading Down 3.4%

The stock has a market capitalization of $1.02 billion, a P/E ratio of -6.22 and a beta of 2.09. The business has a 50 day simple moving average of $2.84 and a 200-day simple moving average of $2.77. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.54 and a current ratio of 0.82.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $508.30 million during the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 338.17% and a negative net margin of 6.95%.

Institutional Investors Weigh In On D-MARKET Electronic Services & Trading

Several hedge funds and other institutional investors have recently bought and sold shares of HEPS. Rhumbline Advisers lifted its holdings in D-MARKET Electronic Services & Trading by 26.8% in the 1st quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock valued at $55,000 after acquiring an additional 4,081 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of D-MARKET Electronic Services & Trading by 32.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 80,338 shares of the company’s stock worth $217,000 after purchasing an additional 19,841 shares during the last quarter. Graham Capital Management L.P. bought a new stake in shares of D-MARKET Electronic Services & Trading in the 4th quarter worth approximately $55,000. BNP Paribas Financial Markets raised its holdings in shares of D-MARKET Electronic Services & Trading by 2.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 965,408 shares of the company’s stock worth $2,607,000 after purchasing an additional 22,445 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in D-MARKET Electronic Services & Trading by 19.2% during the fourth quarter. Geode Capital Management LLC now owns 155,287 shares of the company’s stock valued at $385,000 after purchasing an additional 25,032 shares during the last quarter. 40.46% of the stock is currently owned by institutional investors.

About D-MARKET Electronic Services & Trading

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. It also offers Hepsiburada Market, an app-in-app initiative and on-demand delivery service that delivers groceries and water; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers storage and fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; HepsiGlobal for discovering and purchasing products from international merchants online; Hepsipay, which offers an e-money and payment services; and Hepsiburada Seyahat for buying airline tickets online.