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

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) released its earnings results on Thursday. The company reported ($0.11) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $483.32 million for the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 338.17% and a negative net margin of 6.95%.

D-MARKET Electronic Services & Trading Stock Up 2.5%

NASDAQ HEPS traded up $0.07 during trading hours on Thursday, hitting $2.92. 99,117 shares of the company were exchanged, compared to its average volume of 99,900. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 0.50. The stock has a 50-day moving average price of $2.85 and a 200 day moving average price of $2.78. D-MARKET Electronic Services & Trading has a 52 week low of $2.15 and a 52 week high of $3.33.

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

Large investors have recently modified their holdings of the business. VR Advisory Services Ltd raised its holdings in D-MARKET Electronic Services & Trading by 14.4% in the third quarter. VR Advisory Services Ltd now owns 15,941,737 shares of the company’s stock valued at $42,883,000 after acquiring an additional 2,007,252 shares in the last quarter. State Street Corp lifted its holdings in shares of D-MARKET Electronic Services & Trading by 190.4% during the fourth quarter. State Street Corp now owns 2,379,825 shares of the company’s stock worth $5,902,000 after purchasing an additional 1,560,395 shares during the period. UBS Group AG increased its stake in D-MARKET Electronic Services & Trading by 29.0% in the 4th quarter. UBS Group AG now owns 892,087 shares of the company’s stock valued at $2,212,000 after buying an additional 200,404 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of D-MARKET Electronic Services & Trading in the first quarter valued at about $527,000. Finally, GAM Holding AG raised its holdings in D-MARKET Electronic Services & Trading by 50.0% during the fourth quarter. GAM Holding AG now owns 450,000 shares of the company’s stock worth $1,116,000 after purchasing an additional 150,000 shares in the last quarter. Institutional investors own 40.46% of the company’s stock.

D-MARKET Electronic Services & Trading 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. 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.