D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Shares Down 3.8% – Time to Sell?

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) shares were down 3.8% during mid-day trading on Tuesday . The company traded as low as $2.47 and last traded at $2.3750. Approximately 21,539 shares changed hands during trading, a decline of 95% from the average daily volume of 426,850 shares. The stock had previously closed at $2.47.

Analyst Ratings Changes

Several analysts have recently commented on HEPS shares. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $3.07 target price (down previously from $4.85) on shares of D-MARKET Electronic Services & Trading in a report on Tuesday, November 18th. Wall Street Zen upgraded D-MARKET Electronic Services & Trading from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Weiss Ratings restated a “sell (d-)” rating on shares of D-MARKET Electronic Services & Trading in a research note on Wednesday, October 8th. Finally, Zacks Research raised D-MARKET Electronic Services & Trading to a “hold” rating in a report on Thursday, November 20th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $3.29.

D-MARKET Electronic Services & Trading Stock Up 3.5%

The stock has a market capitalization of $814.70 million, a P/E ratio of -10.14 and a beta of 2.31. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.85 and a quick ratio of 0.53. The stock has a fifty day moving average price of $2.44 and a 200 day moving average price of $2.65.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last issued its quarterly earnings data on Wednesday, November 5th. The company reported ($0.10) earnings per share (EPS) for the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 113.69% and a negative net margin of 5.42%. On average, research analysts forecast that D-MARKET Electronic Services & Trading Unsponsored ADR will post -0.03 earnings per share for the current year.

Hedge Funds Weigh In On D-MARKET Electronic Services & Trading

Hedge funds have recently bought and sold shares of the company. Rhumbline Advisers lifted its stake 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 worth $55,000 after purchasing an additional 4,081 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of D-MARKET Electronic Services & Trading in the third quarter worth $164,000. Schonfeld Strategic Advisors LLC raised its position in shares of D-MARKET Electronic Services & Trading by 111.5% in the third quarter. Schonfeld Strategic Advisors LLC now owns 69,000 shares of the company’s stock worth $186,000 after buying an additional 36,378 shares in the last quarter. Geode Capital Management LLC raised its position in shares of D-MARKET Electronic Services & Trading by 62.5% in the second quarter. Geode Capital Management LLC now owns 107,916 shares of the company’s stock worth $291,000 after buying an additional 41,525 shares in the last quarter. Finally, Bosun Asset Management LLC bought a new stake in D-MARKET Electronic Services & Trading during the first quarter valued at $412,000. Hedge funds and other institutional investors own 40.46% of the company’s stock.

D-MARKET Electronic Services & Trading 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. 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.