D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Trading 6.8% Higher – Should You Buy?

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) shares were up 6.8% during mid-day trading on Tuesday . The stock traded as high as $2.91 and last traded at $2.9490. 19,978 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 262,872 shares. The stock had previously closed at $2.76.

D-MARKET Electronic Services & Trading Price Performance

The stock has a market capitalization of $1.04 billion, a PE ratio of -5.70 and a beta of 2.08. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.77 and a quick ratio of 0.49. The firm’s 50 day simple moving average is $2.85 and its 200 day simple moving average is $2.78.

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

Hedge Funds Weigh In On D-MARKET Electronic Services & Trading

A number of large investors have recently bought and sold shares of HEPS. Graham Capital Management L.P. bought a new stake in D-MARKET Electronic Services & Trading in the fourth quarter valued at approximately $55,000. Rhumbline Advisers grew its holdings in shares of D-MARKET Electronic Services & Trading by 26.8% in the first quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock worth $55,000 after purchasing an additional 4,081 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its stake in shares of D-MARKET Electronic Services & Trading by 111.5% in the third quarter. Schonfeld Strategic Advisors LLC now owns 69,000 shares of the company’s stock worth $186,000 after buying an additional 36,378 shares during the period. Millennium Management LLC bought a new stake in D-MARKET Electronic Services & Trading during the 4th quarter valued at $187,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in D-MARKET Electronic Services & Trading by 32.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 80,338 shares of the company’s stock valued at $217,000 after buying an additional 19,841 shares during the last quarter. 40.46% of the stock is owned by hedge funds and other institutional investors.

About D-MARKET Electronic Services & Trading

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. It also offers Hepsiburada Market, an app-in-app initiative and on-demand delivery service that delivers groceries and water; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers storage and fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; HepsiGlobal for discovering and purchasing products from international merchants online; Hepsipay, which offers an e-money and payment services; and Hepsiburada Seyahat for buying airline tickets online.