D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Price Down 4.7% – Time to Sell?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)’s stock price dropped 4.7% on Thursday . The stock traded as low as $3.20 and last traded at $3.21. Approximately 995,520 shares traded hands during trading, an increase of 29% from the average daily volume of 773,377 shares. The stock had previously closed at $3.37.

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

The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.69 and a current ratio of 1.04. The firm has a market capitalization of $891.98 million, a price-to-earnings ratio of 104.33 and a beta of 2.65. The company has a 50-day moving average of $2.58 and a 200-day moving average of $2.30.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last issued its quarterly earnings data on Wednesday, September 11th. The company reported ($0.04) earnings per share (EPS) 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 return on equity of 27.17% and a negative net margin of 3.29%. As a group, research analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Capricorn Fund Managers Ltd bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter valued at approximately $66,000. GAMMA Investing LLC lifted its position in shares of 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 purchasing an additional 7,412 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth $34,000. Mackenzie Financial Corp bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter valued at $29,000. Finally, XTX Topco Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter valued at $58,000. 40.46% of the stock is owned by institutional investors and hedge funds.

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