In yesterday’s Wall Street session, D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares traded at $1.82, up 1.11% from the previous session.
HEPS stock price is now 43.24% away from the 50-day moving average and 85.25% away from the 200-day moving average. The market capitalization of the company currently stands at $586.48M.
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With the price target enhanced from $0.90 to $2, Citigroup Upgraded its rating from Neutral to Buy for D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ: HEPS).
A total of 76.47% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HEPS stock. A new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. shares was purchased by CITADEL ADVISORS LLC during the first quarter worth $779,000. BANCO BILBAO VIZCAYA ARGENTARIA, S.A. invested $364,000 in shares of HEPS during the first quarter. In the first quarter, TWO SIGMA INVESTMENTS, LP acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. valued at approximately $295,000. QUADRATURE CAPITAL LTD acquired a new stake in HEPS for approximately $113,000. TWO SIGMA SECURITIES, LLC purchased a new stake in HEPS valued at around $38,000 in the second quarter. In total, there are 46 active investors with 14.20% ownership of the company’s stock.
During the past 12 months, D-Market Elektronik Hizmetler ve Ticaret A.S. has had a low of $0.61 and a high of $1.89. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 1.10, and a quick ratio of 0.80. The fifty day moving average price for HEPS is $1.2862 and a two-hundred day moving average price translates $0.9868 for the stock.
The latest earnings results from D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ: HEPS) was released for Mar, 2023. According to the Internet Retail Company, earnings per share came in at -$0.74, missing analysts’ expectations of $0.9 by -1.64. This compares to -$0.05 EPS in the same period last year. The company reported revenue of $245.36 million for the quarter, compared to $182.01 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 34.81 percent. For the current quarter, analysts expect HEPS to generate $2.99B in revenue.
D-Market Elektronik Hizmetler ve Ticaret A.S.(HEPS) 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 HepsiExpress, an app-in-app initiative and on-demand delivery service that delivers groceries, water, and flowers; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers storage and fulfillment services; HepsiMat, a pick-up and drop-off point; HepsiAd that provides advertising service and data driven insights; 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. The company was incorporated in 2000 and is headquartered in Istanbul, Turkey.
