D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Sees Unusually-High Trading Volume – Should You Buy?

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) shares saw unusually-high trading volume on Tuesday . Approximately 677,833 shares were traded during trading, an increase of 48% from the previous session’s volume of 457,634 shares.The stock last traded at $3.01 and had previously closed at $3.02.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 1.3 %

The firm has a market cap of $863.84 million, a P/E ratio of -20.47 and a beta of 2.42. The business’s fifty day moving average is $3.10 and its 200-day moving average is $2.90. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02.

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

Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC lifted its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% in the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock valued at $110,000 after acquiring an additional 29,046 shares in the last quarter. GAMMA Investing LLC raised its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock valued at $83,000 after purchasing an additional 4,152 shares during the period. Acadian Asset Management LLC purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter worth about $326,000. State Street Corp boosted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% in the third quarter. State Street Corp now owns 701,050 shares of the company’s stock valued at $1,584,000 after acquiring an additional 47,639 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 2nd quarter valued at $58,000. Institutional investors own 40.46% of the company’s stock.

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.