D-MARKET Electronic Services & Trading (NASDAQ:HEPS) Sees Unusually-High Trading Volume – Should You Buy?

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) shares saw unusually-high trading volume on Tuesday . Approximately 352,358 shares traded hands during trading, an increase of 73% from the previous session’s volume of 203,957 shares.The stock last traded at $2.7840 and had previously closed at $2.78.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HEPS. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $3.07 price target (down from $4.85) on shares of D-MARKET Electronic Services & Trading in a report on Tuesday, November 18th. Zacks Research raised D-MARKET Electronic Services & Trading to a “hold” rating in a report on Thursday, November 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of D-MARKET Electronic Services & Trading in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of D-MARKET Electronic Services & Trading from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $3.29.

D-MARKET Electronic Services & Trading Stock Performance

The business’s 50 day moving average price is $2.48 and its two-hundred day moving average price is $2.63. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.53 and a current ratio of 0.85. The company has a market capitalization of $993.09 million, a price-to-earnings ratio of -11.12 and a beta of 2.30.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last announced its earnings results on Wednesday, November 5th. The company reported ($0.10) EPS for the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 113.69% and a negative net margin of 5.42%. Equities analysts forecast that D-MARKET Electronic Services & Trading Unsponsored ADR will post -0.03 earnings per share for the current fiscal year.

Institutional Trading of D-MARKET Electronic Services & Trading

A number of large investors have recently added to or reduced their stakes in HEPS. Rhumbline Advisers grew its holdings in shares of D-MARKET Electronic Services & Trading by 26.8% in the 1st quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock worth $55,000 after acquiring an additional 4,081 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in D-MARKET Electronic Services & Trading during the 3rd quarter worth approximately $164,000. Schonfeld Strategic Advisors LLC grew its position in D-MARKET Electronic Services & Trading by 111.5% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 69,000 shares of the company’s stock worth $186,000 after purchasing an additional 36,378 shares in the last quarter. Aberdeen Group plc acquired a new stake in D-MARKET Electronic Services & Trading during the 4th quarter valued at $191,000. Finally, Geode Capital Management LLC lifted its holdings in shares of D-MARKET Electronic Services & Trading by 62.5% in the second quarter. Geode Capital Management LLC now owns 107,916 shares of the company’s stock valued at $291,000 after purchasing an additional 41,525 shares in the last quarter. 40.46% of the stock is currently owned by institutional investors.

About D-MARKET Electronic Services & Trading

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. It also offers Hepsiburada Market, an app-in-app initiative and on-demand delivery service that delivers groceries and water; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers storage and fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; HepsiGlobal for discovering and purchasing products from international merchants online; Hepsipay, which offers an e-money and payment services; and Hepsiburada Seyahat for buying airline tickets online.