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

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) has been assigned an average rating of “Reduce” from the five ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $3.2850.

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

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

A number of institutional investors have recently modified their holdings of HEPS. Rhumbline Advisers increased its holdings in shares of D-MARKET Electronic Services & Trading by 26.8% during the first quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock valued at $55,000 after acquiring an additional 4,081 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in D-MARKET Electronic Services & Trading during the 3rd quarter valued at about $164,000. Schonfeld Strategic Advisors LLC increased its stake 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 valued at $186,000 after purchasing an additional 36,378 shares in the last quarter. Geode Capital Management LLC increased its stake in D-MARKET Electronic Services & Trading by 62.5% during the 2nd 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. Finally, Baader Bank Aktiengesellschaft purchased a new position in D-MARKET Electronic Services & Trading in the second quarter worth about $444,000. 40.46% of the stock is owned by hedge funds and other institutional investors.

D-MARKET Electronic Services & Trading Trading Up 2.2%

HEPS opened at $2.73 on Friday. The stock has a market cap of $877.37 million, a PE ratio of -10.92 and a beta of 2.30. The company has a quick ratio of 0.53, a current ratio of 0.85 and a debt-to-equity ratio of 0.89. The business has a 50 day moving average of $2.43 and a 200-day moving average of $2.63. D-MARKET Electronic Services & Trading has a 52 week low of $2.15 and a 52 week high of $3.85.

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

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.