D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Sees Strong Trading Volume - Should You Buy?

Key Points

• HEPS trading volume rose 22% to approximately 322,536 shares, while the stock edged up to $2.86 from a prior close of $2.82.
• Analyst sentiment remains cautious: two analysts rate the stock Hold and one rates it Sell, resulting in an average “Reduce” rating and a $3.07 price target.
• The company reported a quarterly loss of $0.11 per share on $483.32 million in revenue, with a negative net margin of 7.78%; institutional investors own 40.46% of shares.

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS - Get Free Report) shares saw an uptick in trading volume on Friday . Approximately 322,536 shares traded hands during trading, an increase of 22% from the previous session's volume of 263,765 shares.The stock last traded at $2.86 and had previously closed at $2.82.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of D-MARKET Electronic Services & Trading in a research report on Tuesday. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $3.07.

D-MARKET Electronic Services & Trading Trading Down 1.2%

The company has a market cap of $994.89 million, a price-to-earnings ratio of -5.46 and a beta of 2.08. The business's fifty day moving average price is $2.87 and its 200 day moving average price is $2.78. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.77 and a quick ratio of 0.49.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.11) earnings per share for the quarter. D-MARKET Electronic Services & Trading had a negative net margin of 7.78% and a negative return on equity of 776.28%. The company had revenue of $483.32 million during the quarter.

Institutional Trading of D-MARKET Electronic Services & Trading

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. VR Advisory Services Ltd lifted its position in shares of D-MARKET Electronic Services & Trading by 3.3% in the 4th quarter. VR Advisory Services Ltd now owns 16,472,821 shares of the company's stock worth $40,853,000 after purchasing an additional 531,084 shares during the period. State Street Corp raised its stake in D-MARKET Electronic Services & Trading by 190.4% during the fourth quarter. State Street Corp now owns 2,379,825 shares of the company's stock worth $5,902,000 after buying an additional 1,560,395 shares during the last quarter. BNP Paribas Financial Markets raised its stake in D-MARKET Electronic Services & Trading by 2.4% during the second quarter. BNP Paribas Financial Markets now owns 965,408 shares of the company's stock worth $2,607,000 after buying an additional 22,445 shares during the last quarter. UBS Group AG lifted its holdings in D-MARKET Electronic Services & Trading by 29.0% in the fourth 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 position in D-MARKET Electronic Services & Trading by 50.0% during the fourth quarter. GAM Holding AG now owns 450,000 shares of the company's stock valued at $1,116,000 after acquiring an additional 150,000 shares during the last quarter. Institutional investors and hedge funds own 40.46% of the company's stock.

About D-MARKET Electronic Services & Trading

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.

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