D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Sees Large Volume Increase

Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) saw strong trading volume on Friday . 254,562 shares were traded during trading, a decline of 39% from the previous session’s volume of 418,786 shares.The stock last traded at $2.71 and had previously closed at $2.74.

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

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.07 and a quick ratio of 0.76. The company’s 50-day simple moving average is $1.86 and its 200-day simple moving average is $1.66. The stock has a market capitalization of $759.73 million, a P/E ratio of 91.33 and a beta of 2.69.

Institutional Trading of D-Market Elektronik Hizmetler ve Ticaret A.S.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HEPS. Swedbank AB bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the first quarter worth $541,000. Quadrature Capital Ltd raised its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 68.1% in the third quarter. Quadrature Capital Ltd now owns 227,285 shares of the company’s stock valued at $305,000 after purchasing an additional 92,109 shares during the period. GSA Capital Partners LLP raised its position 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 valued at $546,000 after purchasing an additional 77,237 shares during the period. EntryPoint Capital LLC raised its position 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 valued at $107,000 after purchasing an additional 65,963 shares during the period. Finally, GAMMA Investing LLC bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at about $26,000. 40.46% of the stock is owned by institutional investors.

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.