Schonfeld Strategic Advisors LLC Buys Shares of 101,408 D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Schonfeld Strategic Advisors LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 101,408 shares of the company's stock, valued at approximately $307,000.

Several other institutional investors also recently bought and sold shares of the business. Jump Financial LLC bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth approximately $66,000. Jane Street Group LLC increased its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the third quarter. Jane Street Group LLC now owns 48,583 shares of the company's stock valued at $110,000 after acquiring an additional 29,046 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 166.5% during the fourth quarter. NewEdge Advisors LLC now owns 43,937 shares of the company's stock valued at $133,000 after acquiring an additional 27,448 shares in the last quarter. JPMorgan Chase & Co. increased its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company's stock valued at $216,000 after purchasing an additional 85,245 shares in the last quarter. Finally, Rangeley Capital LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter valued at approximately $303,000. 40.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. HSBC lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "buy" rating to a "hold" rating and set a $3.50 price objective on the stock. in a report on Wednesday, January 22nd. Hsbc Global Res downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd.

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

HEPS traded down $0.02 during trading on Friday, hitting $2.68. The company's stock had a trading volume of 127,753 shares, compared to its average volume of 900,803. The business's fifty day simple moving average is $2.80 and its 200 day simple moving average is $3.07. D-Market Elektronik Hizmetler ve Ticaret A.S. has a twelve month low of $1.59 and a twelve month high of $4.05. The firm has a market capitalization of $861.31 million, a price-to-earnings ratio of -17.87 and a beta of 2.42. The company has a current ratio of 1.02, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $0.40 million for 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%. On average, equities research analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

About D-Market Elektronik Hizmetler ve Ticaret A.S.

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.