D-Market Elektronik Hizmetler ve Ticaret ASNASDAQ: HEPS

Here is how D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) and Amazon (AMZN) have performed compared to their sector so far this year.

Kaspi's acquisition of Hepsiburada aims to expand its market presence beyond Kazakhstan, targeting Turkey's growing eCommerce sector despite competition and valuation challenges. Hepsiburada's innovative culture aligns with Kaspi's, offering BNPL loans, payment services, and logistics, and boasts high customer satisfaction with an NPS of 75. Turkish market risks include Chinese competition and fluctuating inflation, complicating Hepsiburada's valuation, but Kaspi's strategic move could yield significant long-term growth.

Does D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) have what it takes to be a top stock pick for momentum investors? Let's find out.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, DMARKET Electronic Services & Trading (HEPS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

ISTANBUL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the first bond issuance of its indirect wholly-owned subsidiary, Hepsi Finansman A.Ş. (“Hepsifinans”), at a nominal value of TRY 250 million.

Here is how D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) and Kroger (KR) have performed compared to their sector so far this year.

ISTANBUL, Sept. 30, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the second issuance of asset-backed securities amounting to TRY 350 million.

DMARKET Electronic Services & Trading (HEPS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The heavy selling pressure might have exhausted for DMARKET Electronic Services & Trading (HEPS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.