D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Trading 8.7% Higher

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) traded up 8.7% during trading on Wednesday . The stock traded as high as $2.63 and last traded at $2.63. 1,029,713 shares traded hands during mid-day trading, an increase of 150% from the average session volume of 411,176 shares. The stock had previously closed at $2.42.

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

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.76 and a current ratio of 1.07. The stock’s 50-day moving average is $1.81 and its two-hundred day moving average is $1.64. The stock has a market cap of $770.99 million, a PE ratio of 85.67 and a beta of 2.69.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth about $26,000. EntryPoint Capital LLC increased its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 1,258.1% during the first quarter. EntryPoint Capital LLC now owns 71,206 shares of the company’s stock worth $107,000 after purchasing an additional 65,963 shares during the period. Quadrature Capital Ltd boosted its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 68.1% in the third quarter. Quadrature Capital Ltd now owns 227,285 shares of the company’s stock valued at $305,000 after purchasing an additional 92,109 shares during the period. Swedbank AB acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the first quarter valued at approximately $541,000. Finally, GSA Capital Partners LLP grew its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 26.9% in the first quarter. GSA Capital Partners LLP now owns 364,288 shares of the company’s stock valued at $546,000 after purchasing an additional 77,237 shares in the last quarter. 40.46% of the stock is currently owned by hedge funds and other institutional investors.

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.