The share price of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) fell to $1.13 per share on Monday from $1.15. While D-Market Elektronik Hizmetler ve Ticaret A.S. has underperformed by -1.74%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HEPS fell by -42.35%, with highs and lows ranging from $2.81 to $0.59, whereas the simple moving average jumped by 10.32% in the last 200 days.
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On August 31, 2021, BofA Securities Downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ: HEPS) to Neutral. A report published by HSBC Securities on August 04, 2021, Initiated its previous ‘Buy’ rating for HEPS. Morgan Stanley also rated HEPS shares as ‘Equal-Weight’, setting a target price of $15 on the company’s shares in an initiating report dated July 27, 2021. JP Morgan Initiated an Overweight rating on July 27, 2021, and assigned a price target of $16.40. Goldman initiated its ‘Buy’ rating for HEPS, as published in its report on July 27, 2021.
Analysis of D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS)
Further, the quarter-over-quarter increase in sales is 6.90%, showing a positive trend in the upcoming months.
To gain a thorough understanding of D-Market Elektronik Hizmetler ve Ticaret A.S.’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -104.30% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.80, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and HEPS is recording an average volume of 674.06K. On a monthly basis, the volatility of the stock is set at 10.67%, whereas on a weekly basis, it is put at 13.39%, with a gain of 17.71% over the past seven days. Furthermore, long-term investors anticipate a median target price of $1.80, showing growth from the present price of $1.13, which can serve as yet another indication of whether HEPS is worth investing in or should be passed over.
How Do You Analyze D-Market Elektronik Hizmetler ve Ticaret A.S. Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 76.47%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 14.20% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in HEPS shares?
The recent increase in stakes in HEPS appears to be a result of several institutional investors and hedge funds increasing their positions. Must Asset Management Inc.’s position in HEPS has decreased by -1.63% in the first quarter. The company now owns 7,034,254 shares of the stock, with a value of $4.64 million, following the sale of -116,348 additional shares during the last quarter. Hosking Partners LLP made another decreased to its shares in HEPS during the first quarter, downing its stake by -3.70%. During the last quarter, the company picked up -231,305 additional shares for a total stake of worth $3.97 million, bringing number of shares owned by the company to 6,012,109.
During the first quarter, JPMorgan Securities LLC added a 82,481 position in HEPS. T. Rowe Price Associates, Inc. sold an additional 18968.0 shares in the last quarter, decreasing its holdings by -0.44%, now holding 4.3 million shares worth $2.84 million. HEPS shares are owned by institutional investors to the tune of 14.20% at present.
