D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Cut to Hold at Hsbc Global Res

Hsbc Global Res downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

Separately, HSBC downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. from a "buy" rating to a "hold" rating and set a $3.50 target price for the company. in a report on Wednesday.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Up 2.0 %

NASDAQ:HEPS traded up $0.06 during midday trading on Wednesday, reaching $3.12. 247,909 shares of the stock traded hands, compared to its average volume of 417,324. The stock has a market capitalization of $877.91 million, a P/E ratio of -20.80 and a beta of 2.42. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 12 month low of $1.25 and a 12 month high of $4.05. 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 has a fifty day moving average of $3.11 and a 200 day moving average of $2.92.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last posted its earnings results on Tuesday, December 10th. The company reported ($0.03) earnings per share 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, research analysts predict 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 large investors have recently bought and sold shares of the company. Jane Street Group LLC lifted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% in the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company's stock valued at $110,000 after purchasing an additional 29,046 shares during the period. GAMMA Investing LLC lifted its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% during the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company's stock valued at $83,000 after buying an additional 4,152 shares during the period. State Street Corp lifted its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% during the third quarter. State Street Corp now owns 701,050 shares of the company's stock valued at $1,584,000 after buying an additional 47,639 shares during the period. XTX Topco Ltd bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter valued at $58,000. Finally, Mackenzie Financial Corp bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter worth about $29,000. 40.46% of the stock is owned by 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.