More To Go Or Is It Over? – D-MARKET Electronic Services & Trading ADR (HEPS)

D-MARKET Electronic Services & Trading ADR (NASDAQ:HEPS) does about 487.55K shares in volume on a normal day but saw 3041969 shares change hands in Monday trading. The company now has a market cap of 869.46M USD. Its current market price is $3.09, marking an increase of 11.15% compared to the previous close of $2.78. The 52 week high reached by this stock is $2.79 whilst the lowest price level in 52 weeks is $1.10.

D-MARKET Electronic Services & Trading ADR (HEPS) has a 20-day trading average at $2.19 and the current price is 10.75% off the 52-week high compared with 180.91% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.88 and its 200-day simple moving average is $1.57. If we look at the stock’s price movements over the week, volatility stands at 9.04%, which decreases to 7.50% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 83.78 to suggest the stock is overbought.

The consensus objective for the share price is $2.89, suggesting that the stock has a potential downside of -6.92% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 14, 2023 when Citigroup upgraded the stock to “Buy” and issued a price target of between $0.90 and $2. BofA Securities downgraded the stock to “Neutral” from Buy on August 31, 2021 at a price target of $12. HSBC Securities initiated its price target at $19.

D-MARKET Electronic Services & Trading ADR (HEPS) stock is up 39.82% over the week and 46.45% over the past month. Its price is 71.67% year-to-date and 79.65% over the past year.

The stock last released its quarterly earnings report for quarter ended 6/30/2022, with the company’s earnings per share (EPS) of -0.74 below consensus estimates by -1.64. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 3.71 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $50.17B.

To reach the target analysts have set, the stock logically needs to shrink -6.92 percent from here.

The company has a return on investment of 6.67% and return on equity of 7.13%. The price to earnings ratio (P/E ratio) amounts to 132.05 while the forward price to earnings ratio is 18.55. The beta has a value of 2.72. Price to book ratio is 8.70 and price to sales ratio is 0.64.