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D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Sees Strong Trading Volume - What's Next?

D-MARKET Electronic Services & Trading logo with Retail/Wholesale background

Shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS - Get Free Report) saw strong trading volume on Thursday . 1,784,360 shares changed hands during mid-day trading, an increase of 268% from the previous session's volume of 484,601 shares.The stock last traded at $2.81 and had previously closed at $2.82.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of D-MARKET Electronic Services & Trading from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.

View Our Latest Stock Report on D-MARKET Electronic Services & Trading

D-MARKET Electronic Services & Trading Stock Up 0.7%

The firm has a market capitalization of $903.09 million, a P/E ratio of -17.56 and a beta of 2.34. The firm's 50-day moving average is $2.73 and its 200 day moving average is $2.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.94.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 49.90% and a negative net margin of 4.08%. The firm had revenue of $0.40 million for the quarter. As a group, equities research analysts predict that D-MARKET Electronic Services & Trading Unsponsored ADR will post -0.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of HEPS. BIT Capital GmbH grew its stake in D-MARKET Electronic Services & Trading by 9,161.3% in the 4th quarter. BIT Capital GmbH now owns 1,499,495 shares of the company's stock valued at $4,543,000 after buying an additional 1,483,304 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in D-MARKET Electronic Services & Trading by 2.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company's stock valued at $756,000 after buying an additional 5,855 shares during the last quarter. Rangeley Capital LLC acquired a new position in shares of D-MARKET Electronic Services & Trading during the 4th quarter worth approximately $303,000. Tekne Capital Management LLC acquired a new position in shares of D-MARKET Electronic Services & Trading during the 4th quarter worth approximately $18,786,000. Finally, Jump Financial LLC acquired a new position in shares of D-MARKET Electronic Services & Trading during the 4th quarter worth approximately $66,000. Institutional investors and hedge funds own 40.46% of the company's stock.

About D-MARKET Electronic Services & Trading

(Get Free Report)

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.

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