D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Rating Lowered by Wall Street Zen

Wall Street Zen lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) from a hold rating to a sell rating in a research note released on Saturday morning.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Performance

Shares of NASDAQ HEPS remained flat at $2.65 during midday trading on Friday. 324,441 shares of the stock were exchanged, compared to its average volume of 898,200. The company has a market cap of $851.66 million, a price-to-earnings ratio of -17.67 and a beta of 2.42. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1 year low of $1.71 and a 1 year high of $4.05. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02. The firm has a fifty day simple moving average of $2.73 and a 200 day simple moving average of $3.04.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $0.40 million during the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. Equities analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

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

Several hedge funds have recently modified their holdings of HEPS. JPMorgan Chase & Co. increased its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company's stock valued at $216,000 after acquiring an additional 85,245 shares in the last quarter. ABS Direct Equity Fund LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at $545,000. BIT Capital GmbH increased its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. 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 acquiring an additional 1,483,304 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. 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 acquiring an additional 5,855 shares in the last quarter. Finally, Rangeley Capital LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at $303,000. Institutional investors own 40.46% of the company's stock.

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.