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

Key Points

• HEPS trading volume surged 738% to 2.2 million shares, while the stock rose to $2.675 from a previous close of $2.61.
• Analyst sentiment remains negative: two analysts rate the stock Hold and one rates it Sell, resulting in a consensus “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, alongside weak profitability metrics including a negative 7.78% net margin and 776.28% negative return on equity.

Shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS - Get Free Report) saw unusually-high trading volume on Tuesday . 2,199,128 shares traded hands during trading, an increase of 738% from the previous session's volume of 262,440 shares.The stock last traded at $2.6750 and had previously closed at $2.61.

Wall Street Analyst Weigh In

HEPS has been the topic of a number of analyst reports. Wall Street Zen cut shares of D-MARKET Electronic Services & Trading from a "hold" rating to a "sell" rating in a research note on Saturday, August 15th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of D-MARKET Electronic Services & Trading in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $3.07.

D-MARKET Electronic Services & Trading Stock Performance

The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $959.15 million, a P/E ratio of -5.26 and a beta of 2.12. The business has a fifty day moving average price of $2.79 and a 200-day moving average price of $2.77.

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

Institutional Investors Weigh In On D-MARKET Electronic Services & Trading

An institutional investor recently bought a new stake in D-MARKET Electronic Services & Trading stock. AXQ Capital LP bought a new position in D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 17,267 shares of the company's stock, valued at approximately $50,000. Institutional investors and hedge funds own 40.46% of the company's stock.

D-MARKET Electronic Services & Trading Company Profile

D-MARKET Electronic Services & Trading, operating under the Hepsiburada brand, is a Turkey-based e-commerce company. Its online marketplace connects consumers with merchants offering products across categories such as electronics, home and living, fashion, beauty, groceries and consumer goods. The company also sells selected products directly through its own retail operations.

Hepsiburada supports its marketplace with logistics, payment and other digital commerce services. Its HepsiJet business provides delivery and fulfillment capabilities, while HepsiPay offers payment and related financial technology services.

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