D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Stock Price Down 5%

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)’s stock price dropped 5% on Monday . The stock traded as low as $2.28 and last traded at $2.28. Approximately 124,418 shares changed hands during trading, a decline of 75% from the average daily volume of 504,849 shares. The stock had previously closed at $2.40.

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

The firm’s fifty day simple moving average is $2.89 and its two-hundred day simple moving average is $2.14. 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 firm has a market cap of $655.62 million, a PE ratio of 77.67 and a beta of 2.68.

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

Hedge funds have recently modified their holdings of the stock. Swedbank AB purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the first quarter worth $541,000. Quadrature Capital Ltd lifted its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 27.9% in the fourth quarter. Quadrature Capital Ltd now owns 290,675 shares of the company’s stock worth $519,000 after buying an additional 63,390 shares in the last quarter. GSA Capital Partners LLP lifted 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 worth $546,000 after buying an additional 77,237 shares in the last quarter. EntryPoint Capital LLC lifted its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 1,258.1% in the first quarter. EntryPoint Capital LLC now owns 71,206 shares of the company’s stock worth $107,000 after buying an additional 65,963 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter worth $34,000. Hedge funds and other institutional investors own 40.46% of the company’s stock.

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

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.