D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Issues Quarterly Earnings Results

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) released its quarterly earnings results on Thursday. The company reported ($0.11) EPS for the quarter, FiscalAI reports. The firm had revenue of $483.32 million for the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 338.17% and a negative net margin of 6.95%.

D-MARKET Electronic Services & Trading Stock Down 1.8%

Shares of HEPS stock traded down $0.05 during trading on Friday, reaching $2.87. The company’s stock had a trading volume of 12,049 shares, compared to its average volume of 264,751. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.82 and a quick ratio of 0.54. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of -6.29 and a beta of 2.08. The stock’s 50-day moving average price is $2.85 and its 200 day moving average price is $2.78. D-MARKET Electronic Services & Trading has a 1-year low of $2.15 and a 1-year high of $3.33.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. VR Advisory Services Ltd increased its position in shares of D-MARKET Electronic Services & Trading by 3.3% during the fourth quarter. VR Advisory Services Ltd now owns 16,472,821 shares of the company’s stock worth $40,853,000 after acquiring an additional 531,084 shares during the period. State Street Corp boosted its holdings in D-MARKET Electronic Services & Trading by 190.4% in the fourth quarter. State Street Corp now owns 2,379,825 shares of the company’s stock valued at $5,902,000 after purchasing an additional 1,560,395 shares during the period. BNP Paribas Financial Markets grew its stake in D-MARKET Electronic Services & Trading by 2.4% during 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. UBS Group AG boosted its stake in shares of D-MARKET Electronic Services & Trading by 29.0% in the 4th quarter. UBS Group AG now owns 892,087 shares of the company’s stock valued at $2,212,000 after buying an additional 200,404 shares during the period. Finally, GAM Holding AG boosted its stake in shares of D-MARKET Electronic Services & Trading by 50.0% in the 4th quarter. GAM Holding AG now owns 450,000 shares of the company’s stock valued at $1,116,000 after buying an additional 150,000 shares during the period. 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.