D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Posts Earnings Results

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) posted its quarterly earnings data on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, FiscalAI reports. D-MARKET Electronic Services & Trading had a negative return on equity of 776.28% and a negative net margin of 7.78%. The company had revenue of $494.87 million for the quarter.

D-MARKET Electronic Services & Trading Trading Down 0.6%

Shares of D-MARKET Electronic Services & Trading stock traded down $0.02 on Friday, hitting $2.72. The stock had a trading volume of 34,199 shares, compared to its average volume of 279,127. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 0.50. D-MARKET Electronic Services & Trading has a one year low of $2.15 and a one year high of $3.33. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of -5.33 and a beta of 2.29. The stock’s 50-day simple moving average is $2.65 and its two-hundred day simple moving average is $2.74.

Institutional Investors Weigh In On D-MARKET Electronic Services & Trading

A hedge fund recently bought a new stake in D-MARKET Electronic Services & Trading stock. AXQ Capital LP acquired a new stake in D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,267 shares of the company’s stock, valued at approximately $50,000. 40.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HEPS has been the topic of a number of research reports. Weiss Ratings restated a “sell (d-)” rating on shares of D-MARKET Electronic Services & Trading in a research report on Tuesday, August 11th. Wall Street Zen cut D-MARKET Electronic Services & Trading from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $3.07.

About D-MARKET Electronic Services & Trading

D-MARKET Electronic Services & Trading, operating under the Hepsiburada brand, is a Turkey-based e-commerce company. Its online marketplace connects consumers with merchants offering a broad range of products, including consumer electronics, home and living goods, fashion, beauty and personal care products, groceries, and other everyday merchandise.

Founded in 2000 by Hanzade Do?an Boyner, Hepsiburada has developed an integrated digital commerce ecosystem serving customers primarily in Turkey.