D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Shares Up 5.1% – Should You Buy?

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) rose 5.1% during trading on Wednesday. The stock 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 daily volume of 294,386 shares. The stock had previously closed at $2.46.

Analyst Ratings Changes

A number of brokerages have issued reports on HEPS. Wall Street Zen cut shares of D-MARKET Electronic Services & Trading from a “hold” rating to a “sell” rating in a report 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $3.07.

D-MARKET Electronic Services & Trading Price Performance

The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.49 and a current ratio of 0.77. The business’s 50 day simple moving average is $2.66 and its 200-day simple moving average is $2.74. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of -5.17 and a beta of 2.08.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in D-MARKET Electronic Services & Trading stock. AXQ Capital LP acquired a new stake in shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,267 shares of the company’s stock, valued at approximately $50,000. Institutional investors own 40.46% of the company’s stock.

About D-MARKET Electronic Services & Trading

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.