ABS Direct Equity Fund LLC Buys New Holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

ABS Direct Equity Fund LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 180,000 shares of the company's stock, valued at approximately $545,000. ABS Direct Equity Fund LLC owned 0.06% of D-Market Elektronik Hizmetler ve Ticaret A.S. at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HEPS. Mackenzie Financial Corp bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth $29,000. Cubist Systematic Strategies LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter valued at about $34,000. Flow Traders U.S. LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth about $44,000. Dynamic Technology Lab Private Ltd acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth about $47,000. Finally, GAMMA Investing LLC boosted 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 valued at $52,000 after purchasing an additional 7,412 shares during the period. 40.46% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ HEPS traded up $0.08 during trading hours on Tuesday, hitting $3.14. 263,067 shares of the stock were exchanged, compared to its average volume of 468,069. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.25 and a 1-year high of $4.05. The company has a market cap of $883.53 million, a PE ratio of -20.93 and a beta of 2.42. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02. The company's fifty day simple moving average is $3.11 and its two-hundred day simple moving average is $2.92.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last issued its quarterly earnings results on Tuesday, December 10th. The company reported ($0.03) earnings per share (EPS) 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, sell-side analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Hsbc Global Res cut shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. HSBC lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a "buy" rating to a "hold" rating and set a $3.50 price objective on the stock. in a research note on Wednesday, January 22nd.

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.