D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Rating Lowered by Wall Street Zen

Wall Street Zen downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) from a hold rating to a sell rating in a research note published on Saturday.

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

NASDAQ HEPS opened at $2.83 on Friday. The company has a 50-day simple moving average of $2.74 and a two-hundred day simple moving average of $3.04. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 12-month low of $1.65 and a 12-month high of $4.05. The firm has a market cap of $909.51 million, a price-to-earnings ratio of -18.87 and a beta of 2.42.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter. The firm 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 analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 26.8% in the first quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock worth $55,000 after buying an additional 4,081 shares during the period. ABS Direct Equity Fund LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.9% in the first quarter. ABS Direct Equity Fund LLC now owns 185,300 shares of the company’s stock worth $528,000 after buying an additional 5,300 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company’s stock worth $756,000 after buying an additional 5,855 shares during the period. Jump Financial LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth about $66,000. Finally, NewEdge Advisors LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 166.5% in the fourth quarter. NewEdge Advisors LLC now owns 43,937 shares of the company’s stock worth $133,000 after buying an additional 27,448 shares during the period. 40.46% of the stock is currently owned by hedge funds and other institutional investors.

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.