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

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

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

The company has a market cap of $770.98 million, a PE ratio of 91.33 and a beta of 2.69. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average of $1.86 and a 200-day moving average of $1.66.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at approximately $26,000. Quadrature Capital Ltd boosted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 27.9% during the fourth quarter. Quadrature Capital Ltd now owns 290,675 shares of the company’s stock valued at $519,000 after buying an additional 63,390 shares during the last quarter. EntryPoint Capital LLC boosted its position in shares of 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 valued at $107,000 after buying an additional 65,963 shares during the last quarter. GSA Capital Partners LLP boosted its position in 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 worth $546,000 after purchasing an additional 77,237 shares during the last quarter. Finally, Swedbank AB purchased a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the first quarter worth $541,000. 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.