D-MARKET Electronic Services & Trading ADR (HEPS) Shares Down Despite Recent Market Volatility

The stock of D-MARKET Electronic Services & Trading ADR (NASDAQ: HEPS) has decreased by -1.45 when compared to last closing price of 3.11.Despite this, the company has seen a loss of -2.39% in its stock price over the last five trading days. globenewswire.com reported 2025-01-03 that ISTANBUL, Jan. 03, 2025 (GLOBE NEWSWIRE) — D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), announces that, as of January 2, 2025, the four regulatory approvals required for effecting the previously announced sale and purchase of 65.4% of the total outstanding shares of the Company pursuant to the stock purchase agreement dated October 17, 2024, between Joint Stock Company Kaspi.kz, as buyer, and the selling controlling shareholders of Hepsiburada identified therein, as sellers (the “Stock Purchase Agreement”) have been granted. The relevant regulatory authorities identified in the Stock Purchase Agreement were the following: the Turkish Competition Board, the Banking Regulation and Supervision Agency, the Information Technologies and Communications Authority and the Central Bank of the Republic of Türkiye.

Is It Worth Investing in D-MARKET Electronic Services & Trading ADR (NASDAQ: HEPS) Right Now?

Additionally, the 36-month beta value for HEPS is 2.43. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The average trading volume of HEPS on January 16, 2025 was 1.79M shares.

HEPS’s Market Performance

HEPS stock saw a decrease of -2.39% in the past week, with a monthly decline of -3.92% and a quarterly a decrease of 39.95%. The volatility ratio for the week is 4.43%, and the volatility levels for the last 30 days are 5.15% for D-MARKET Electronic Services & Trading ADR (HEPS). The simple moving average for the past 20 days is -4.33% for HEPS’s stock, with a 21.56% simple moving average for the past 200 days.

Analysts’ Opinion of HEPS

Many brokerage firms have already submitted their reports for HEPS stocks, with Citigroup repeating the rating for HEPS by listing it as a “Buy.” The predicted price for HEPS in the upcoming period, according to Citigroup is $2 based on the research report published on June 14, 2023 of the previous year 2023.

BofA Securities, on the other hand, stated in their research note that they expect to see HEPS reach a price target of $12. The rating they have provided for HEPS stocks is “Neutral” according to the report published on August 31st, 2021.

HSBC Securities gave a rating of “Buy” to HEPS, setting the target price at $19 in the report published on August 04th of the previous year.

HEPS Trading at -1.25% from the 50-Day Moving Average

After a stumble in the market that brought HEPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.32% of loss for the given period.

Volatility was left at 5.15%, however, over the last 30 days, the volatility rate increased by 4.43%, as shares sank -8.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.06% lower at present.

During the last 5 trading sessions, HEPS fell by -2.23%, which changed the moving average for the period of 200-days by +101.97% in comparison to the 20-day moving average, which settled at $3.20. In addition, D-MARKET Electronic Services & Trading ADR saw 1.16% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for HEPS

Current profitability levels for the company are sitting at:

  • -0.01 for the present operating margin
  • 0.33 for the gross margin

The net margin for D-MARKET Electronic Services & Trading ADR stands at -0.03. The total capital return value is set at -0.07. Equity return is now at value -39.43, with -7.47 for asset returns.

Based on D-MARKET Electronic Services & Trading ADR (HEPS), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 3.91. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is -0.1.

Currently, EBITDA for the company is 2.63 billion with net debt to EBITDA at -0.92. When we switch over and look at the enterprise to sales, we see a ratio of 0.65. The receivables turnover for the company is 12.14for trailing twelve months and the total asset turnover is 1.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.

Conclusion

In conclusion, D-MARKET Electronic Services & Trading ADR (HEPS) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts