D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) Given Average Rating of “Reduce” by Brokerages

Shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) have been given an average recommendation of “Reduce” by the five brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $3.2850.

A number of brokerages have weighed in on HEPS. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $3.07 target price (down previously from $4.85) on shares of D-MARKET Electronic Services & Trading in a research report on Tuesday, November 18th. Zacks Research upgraded shares of D-MARKET Electronic Services & Trading to a “hold” rating in a research note on Thursday, November 20th. Weiss Ratings restated a “sell (d-)” rating on shares of D-MARKET Electronic Services & Trading in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of D-MARKET Electronic Services & Trading from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Rhumbline Advisers boosted its position in D-MARKET Electronic Services & Trading by 26.8% in the first quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock worth $55,000 after purchasing an additional 4,081 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of D-MARKET Electronic Services & Trading in the 3rd quarter worth approximately $164,000. Schonfeld Strategic Advisors LLC boosted its holdings in shares of D-MARKET Electronic Services & Trading by 111.5% in the third quarter. Schonfeld Strategic Advisors LLC now owns 69,000 shares of the company’s stock worth $186,000 after buying an additional 36,378 shares during the last quarter. Geode Capital Management LLC boosted 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 worth $291,000 after buying an additional 41,525 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft bought a new stake in D-MARKET Electronic Services & Trading during the second quarter valued at approximately $444,000. Institutional investors own 40.46% of the company’s stock.

D-MARKET Electronic Services & Trading Stock Performance

HEPS stock opened at $2.73 on Friday. The stock’s 50 day simple moving average is $2.43 and its 200 day simple moving average is $2.63. The company has a current ratio of 0.85, a quick ratio of 0.53 and a debt-to-equity ratio of 0.89. D-MARKET Electronic Services & Trading has a 12-month low of $2.15 and a 12-month high of $3.85. The stock has a market capitalization of $877.37 million, a PE ratio of -10.92 and a beta of 2.30.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($0.10) earnings per share 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%. As a group, research analysts forecast that D-MARKET Electronic Services & Trading will post -0.03 earnings per share for the current fiscal year.

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.