D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Down 3.8% – Here’s Why

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) traded down 3.8% during trading on Tuesday . The company traded as low as $3.03 and last traded at $3.04. 147,835 shares traded hands during trading, a decline of 82% from the average session volume of 820,180 shares. The stock had previously closed at $3.16.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 5.4 %

The company has a 50 day simple moving average of $3.14 and a two-hundred day simple moving average of $2.81. 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 company has a market cap of $841.34 million, a PE ratio of -19.93 and a beta of 2.46.

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

Several hedge funds and other institutional investors have recently modified their holdings of HEPS. State Street Corp grew its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% in the third quarter. State Street Corp now owns 701,050 shares of the company’s stock valued at $1,584,000 after purchasing an additional 47,639 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter valued at approximately $326,000. JPMorgan Chase & Co. increased its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the third quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company’s stock worth $216,000 after buying an additional 85,245 shares during the last quarter. Jane Street Group LLC raised its position 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 valued at $110,000 after acquiring an additional 29,046 shares in the last quarter. Finally, Capricorn Fund Managers Ltd acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter valued at approximately $66,000. 40.46% of the stock is currently owned by hedge funds and other institutional investors.

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.