HSBC cut shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) from a buy rating to a hold rating in a research report released on Wednesday, MarketBeat Ratings reports. HSBC currently has $3.50 price objective on the stock.
D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 1.6 %
HEPS stock traded down $0.05 during mid-day trading on Wednesday, hitting $3.16. 484,360 shares of the company were exchanged, compared to its average volume of 514,720. 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 firm has a market cap of $889.16 million, a P/E ratio of -21.07 and a beta of 2.42. The firm's 50 day simple moving average is $3.10 and its 200 day simple moving average is $2.92. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.25 and a 1-year high of $4.05.
D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last released its quarterly earnings data on Tuesday, December 10th. The company reported ($0.03) 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 fiscal year.
Hedge Funds Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.
Large investors have recently modified their holdings of the company. ABS Direct Equity Fund LLC purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at $545,000. JPMorgan Chase & Co. grew its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the third quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company's stock valued at $216,000 after purchasing an additional 85,245 shares in the last quarter. State Street Corp grew its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% in the third quarter. State Street Corp now owns 701,050 shares of the company's stock valued at $1,584,000 after purchasing an additional 47,639 shares in the last quarter. Capricorn Fund Managers Ltd purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter valued at $66,000. Finally, Jane Street Group LLC grew its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% in the third 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 in the last quarter. 40.46% of the stock is currently owned by institutional investors.
About D-Market Elektronik Hizmetler ve Ticaret A.S.
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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.
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