D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Sees Large Volume Increase – What’s Next?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) saw unusually-high trading volume on Monday . Approximately 1,263,428 shares were traded during mid-day trading, an increase of 56% from the previous session’s volume of 807,918 shares.The stock last traded at $3.35 and had previously closed at $3.37.

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

The stock has a market capitalization of $962.33 million, a PE ratio of -24.79 and a beta of 2.65. The firm’s 50 day simple moving average is $2.60 and its 200 day simple moving average is $2.36. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 0.69.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its quarterly earnings data on Wednesday, September 11th. The company reported ($0.04) earnings per share for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.29% and a negative return on equity of 27.17%. The firm had revenue of $312.22 million for the quarter. As a group, equities analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Swedbank AB bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 1st quarter valued at about $541,000. Acadian Asset Management LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth approximately $326,000. GSA Capital Partners LLP grew its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 26.9% in the 1st quarter. GSA Capital Partners LLP now owns 364,288 shares of the company’s stock worth $546,000 after purchasing an additional 77,237 shares during the period. EntryPoint Capital LLC raised its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 1,258.1% during the 1st quarter. EntryPoint Capital LLC now owns 71,206 shares of the company’s stock valued at $107,000 after buying an additional 65,963 shares during the last quarter. Finally, Capricorn Fund Managers Ltd purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter valued at $66,000. 40.46% of the stock is 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.