JPMorgan Chase & Co. Grows Stock Holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

JPMorgan Chase & Co. raised its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) by 809.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,780 shares of the company's stock after buying an additional 85,245 shares during the quarter. JPMorgan Chase & Co.'s holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. were worth $216,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in HEPS. Mackenzie Financial Corp bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 2nd quarter worth 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 bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter valued at approximately $44,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth $47,000. Finally, GAMMA Investing LLC lifted its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% during the third 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 in the last quarter. 40.46% of the stock is owned by institutional investors.

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

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. stock traded down $0.01 during trading hours on Friday, reaching $3.29. 1,249,993 shares of the stock traded hands, compared to its average volume of 420,935. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. D-Market Elektronik Hizmetler ve Ticaret A.S. has a one year low of $1.25 and a one year high of $4.05. The firm has a market capitalization of $925.74 million, a price-to-earnings ratio of -21.93 and a beta of 2.42. The company has a 50 day moving average price of $3.15 and a 200 day moving average price of $2.92.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last posted its quarterly earnings data 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 net margin of 3.28% and a negative return on equity of 30.48%. On average, equities research analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

HEPS has been the subject of a number of recent analyst reports. HSBC lowered 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 research report on Wednesday, January 22nd. Hsbc Global Res downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd.

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

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.