D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Shares Up 5.1% - What's Next?

Key Points

• HEPS shares rose 5.1% to about $2.59, although trading volume was 75% below the average session volume.
• Analyst sentiment remains cautious: the stock has a consensus “Reduce” rating, with two Holds and one Sell, and an average price target of $3.07.
• The company reported a quarterly loss of $0.11 per share on $483.32 million in revenue, alongside a negative net margin and a highly negative return on equity.

Shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS - Get Free Report) were up 5.1% during trading on Wednesday. The company traded as high as $2.57 and last traded at $2.5850. 73,116 shares were traded during mid-day trading, a decline of 75% from the average session volume of 294,386 shares. The stock had previously closed at $2.46.

Wall Street Analysts Forecast Growth

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

D-MARKET Electronic Services & Trading Trading Up 7.0%

The company has a current ratio of 0.77, a quick ratio of 0.49 and a debt-to-equity ratio of 0.50. The business's 50-day simple moving average is $2.66 and its two-hundred day simple moving average is $2.74. The company has a market capitalization of $1.13 billion, a PE ratio of -5.17 and a beta of 2.08.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $483.32 million for 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 Trading of D-MARKET Electronic Services & Trading

A hedge fund recently bought a new position in D-MARKET Electronic Services & Trading stock. AXQ Capital LP bought a new stake in shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 17,267 shares of the company's stock, valued at approximately $50,000. 40.46% of the stock is currently owned by institutional investors.

D-MARKET Electronic Services & Trading Company Profile

D-MARKET Electronic Services & Trading A.Ş., operating under the Hepsiburada brand, is a Turkey-based e-commerce company. Its online marketplace connects consumers with merchants offering a broad range of products, including consumer electronics, household goods, fashion, beauty and personal care products, groceries, and other everyday items.

In addition to its marketplace, Hepsiburada provides supporting services designed to facilitate online commerce, including logistics and delivery through HepsiJet and digital payment and financial services through Hepsipay.

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