D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Short Interest Update

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 364,300 shares, a decline of 22.6% from the December 31st total of 470,900 shares. Based on an average daily trading volume, of 1,710,000 shares, the short-interest ratio is presently 0.2 days.

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

Shares of HEPS stock traded down $0.01 during midday trading on Friday, reaching $3.29. 1,249,993 shares of the company were exchanged, compared to its average volume of 420,935. The company’s 50 day moving average price is $3.15 and its two-hundred day moving average price is $2.92. The company has a market cap of $925.74 million, a P/E ratio of -21.93 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.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last released 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, sell-side analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

Hedge Funds Weigh In On D-Market Elektronik Hizmetler ve Ticaret A.S.

Hedge funds have recently made changes to their positions in the business. Mackenzie Financial Corp purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter valued at $29,000. Cubist Systematic Strategies LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter valued at about $34,000. Flow Traders U.S. LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth about $44,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth approximately $47,000. Finally, GAMMA Investing LLC raised 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 acquiring an additional 7,412 shares during the period. Institutional investors and hedge funds own 40.46% of the company’s stock.

Analysts Set New Price Targets

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 price objective for the company. in a report on Wednesday, January 22nd. Hsbc Global Res cut D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd.

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.