D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) Trading Down 4.7%

Shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) fell 4.7% during mid-day trading on Thursday . The company traded as low as $1.80 and last traded at $1.82. 14,835 shares were traded during trading, a decline of 99% from the average session volume of 1,376,519 shares. The stock had previously closed at $1.91.

Separately, Zacks Investment Research downgraded D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi from a “hold” rating to a “sell” rating in a research report on Wednesday, January 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi currently has a consensus rating of “Hold” and a consensus target price of $15.22.

The company has a current ratio of 1.45, a quick ratio of 1.21 and a debt-to-equity ratio of 0.05. The business’s fifty day moving average price is $2.57 and its two-hundred day moving average price is $6.89.

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) last posted its quarterly earnings results on Monday, November 22nd. The company reported ($2.74) EPS for the quarter, missing the consensus estimate of ($1.16) by ($1.58). The business had revenue of $194.04 million for the quarter. As a group, analysts predict that D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi will post -0.57 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG purchased a new stake in shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in the 3rd quarter valued at approximately $146,000. Wellington Management Group LLP purchased a new position in D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in the 3rd quarter valued at approximately $24,733,000. LPL Financial LLC acquired a new stake in shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in the 3rd quarter valued at $69,000. Millennium Management LLC acquired a new stake in shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in the 3rd quarter valued at $11,800,000. Finally, Citadel Advisors LLC acquired a new stake in shares of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in the 3rd quarter valued at $1,060,000. Hedge funds and other institutional investors own 21.00% of the company’s stock.

About D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS)

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi operates an e-commerce platform. Its platform comprise Hepsiburada to shop a range of products online; HepsiExpress to order groceries and essentials; HepsiGlobal to discover and purchase products from international merchants online; HepsiPay to use various online payment options; and HepsiFly to purchase airline tickets online.

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