D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Downgraded by HSBC to “Hold”

HSBC downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning, Marketbeat.com reports. HSBC currently has $3.50 target price on the stock.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 1.6 %

NASDAQ HEPS opened at $3.16 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.66. The firm’s fifty day moving average price is $3.10 and its 200 day moving average price is $2.92. The company has a market capitalization of $889.16 million, a price-to-earnings ratio of -21.07 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.

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

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

Large investors have recently bought and sold shares of the business. Mackenzie Financial Corp acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth $29,000. Cubist Systematic Strategies LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth $34,000. Flow Traders U.S. LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter worth $44,000. Dynamic Technology Lab Private Ltd acquired 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 stake in shares of 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 worth $52,000 after acquiring an additional 7,412 shares during the period. Institutional investors and hedge funds 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.