D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Gap Down – Should You Sell?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $3.17, but opened at $3.05. D-Market Elektronik Hizmetler ve Ticaret A.S. shares last traded at $2.97, with a volume of 139,336 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. HSBC cut D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 target price on the stock. in a report on Wednesday, January 22nd. Hsbc Global Res downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 4.3 %

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 stock has a market cap of $854.00 million, a price-to-earnings ratio of -20.23 and a beta of 2.42. The business’s 50 day moving average is $3.30 and its 200 day moving average is $3.02.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Flow Traders U.S. LLC purchased a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter valued at about $44,000. Dynamic Technology Lab Private Ltd purchased a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter valued at approximately $47,000. Jump Financial LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter worth approximately $66,000. GAMMA Investing LLC boosted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% during the 4th 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. Finally, Jane Street Group LLC grew its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock valued at $110,000 after acquiring an additional 29,046 shares in the last quarter. Hedge funds and other institutional investors own 40.46% of the company’s stock.

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