D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Down 3.8% – Here’s Why

Posted by ABMN Staff on Jan 2nd, 2025

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS – Get Free Report)’s stock price was down 3.8% during mid-day trading on Tuesday . The company traded as low as $3.03 and last traded at $3.04. Approximately 147,835 shares traded hands during trading, a decline of 82% from the average daily volume of 820,180 shares. The stock had previously closed at $3.16.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 4.1 %

The firm has a market cap of $852.58 million, a PE ratio of -20.20 and a beta of 2.46. The stock has a 50 day simple moving average of $3.13 and a 200-day simple moving average of $2.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.69.

Hedge Funds Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

A number of hedge funds have recently bought and sold shares of HEPS. Mackenzie Financial Corp bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter valued at about $29,000. Cubist Systematic Strategies LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter valued at approximately $34,000. Flow Traders U.S. LLC purchased a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth approximately $44,000. Dynamic Technology Lab Private Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter valued at approximately $47,000. Finally, GAMMA Investing LLC increased its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% in the 3rd quarter. GAMMA Investing LLC now owns 23,098 shares of the company’s stock worth $52,000 after buying an additional 7,412 shares in the last quarter. Institutional investors own 40.46% of the company’s stock.

D-Market Elektronik Hizmetler ve Ticaret A.S. Company Profile

(Get Free Report)

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.