D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Upgraded at Zacks Research

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Other research analysts have also recently issued reports about the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of D-MARKET Electronic Services & Trading in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of D-MARKET Electronic Services & Trading from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $3.07 price target (down from $4.85) on shares of D-MARKET Electronic Services & Trading in a research report on Tuesday. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, D-MARKET Electronic Services & Trading has a consensus rating of “Reduce” and a consensus price target of $3.29.

D-MARKET Electronic Services & Trading Price Performance

Shares of HEPS stock opened at $2.26 on Thursday. The business’s fifty day moving average is $2.60 and its 200 day moving average is $2.70. The company has a quick ratio of 0.53, a current ratio of 0.85 and a debt-to-equity ratio of 0.89. The stock has a market cap of $726.32 million, a price-to-earnings ratio of -9.04 and a beta of 2.30. D-MARKET Electronic Services & Trading has a twelve month low of $2.15 and a twelve month high of $3.85.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last announced its quarterly earnings data on Wednesday, November 5th. The company reported ($0.10) EPS for the quarter. D-MARKET Electronic Services & Trading had a negative net margin of 5.42% and a negative return on equity of 113.69%. Research analysts expect that D-MARKET Electronic Services & Trading will post -0.03 EPS for the current fiscal year.

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

Institutional investors have recently made changes to their positions in the company. Rhumbline Advisers grew its holdings in shares of D-MARKET Electronic Services & Trading by 26.8% during the first quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock valued at $55,000 after buying an additional 4,081 shares during the last quarter. BNP Paribas Financial Markets lifted its position in D-MARKET Electronic Services & Trading by 2.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 965,408 shares of the company’s stock valued at $2,607,000 after acquiring an additional 22,445 shares in the last quarter. XTX Topco Ltd purchased a new stake in D-MARKET Electronic Services & Trading during the 1st quarter valued at $80,000. Schonfeld Strategic Advisors LLC increased its holdings in shares of D-MARKET Electronic Services & Trading by 111.5% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 69,000 shares of the company’s stock worth $186,000 after purchasing an additional 36,378 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of D-MARKET Electronic Services & Trading by 62.5% in the 2nd quarter. Geode Capital Management LLC now owns 107,916 shares of the company’s stock worth $291,000 after purchasing an additional 41,525 shares in the last quarter. Hedge funds and other institutional investors own 40.46% of the company’s stock.

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.