D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Up 4.8% - Should You Buy?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) shares rose 4.8% during mid-day trading on Thursday . The stock traded as high as $2.82 and last traded at $2.82. Approximately 266,799 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 885,452 shares. The stock had previously closed at $2.69.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.

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

The company has a current ratio of 1.02, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average of $2.70 and a two-hundred day moving average of $3.02. The company has a market capitalization of $904.69 million, a PE ratio of -18.77 and a beta of 2.37.

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

Hedge Funds Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HEPS. Rhumbline Advisers boosted its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 26.8% during the first quarter. Rhumbline Advisers now owns 19,296 shares of the company's stock worth $55,000 after acquiring an additional 4,081 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter worth approximately $66,000. XTX Topco Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 1st quarter valued at approximately $80,000. Squarepoint Ops LLC purchased a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at $112,000. Finally, NewEdge Advisors LLC boosted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 166.5% in the fourth quarter. NewEdge Advisors LLC now owns 43,937 shares of the company's stock worth $133,000 after acquiring an additional 27,448 shares in the last quarter. Hedge funds and other 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.