“DESA” stock, which I’ll assume refers to Desa Deri Sanayi ve Ticaret A.Ş. (DESA.IS), a company listed on the Borsa Istanbul, given your prior focus on Turkish stocks (e.g., ALBRK, ALKIM, ARZUM, ATLAS, AVGYO, AVOD, BERA, BIOEN, BIZIM, BUCIM, CATES, CONSE, DARDL, DENGE). If you meant a different DESA, please clarify!
Today is Thursday, April 10, 2025, 12:11 PM +03. The Borsa Istanbul is closed today due to Mahavir Jayanti 2025, a public holiday in Turkey, with trading suspended across all segments. The latest price reflects Wednesday, April 9’s close, and the market reopens tomorrow, Friday, April 11, at 10:00 AM +03. I don’t have real-time data for April 9, but I can provide an overview based on trends and information up to early April 2025.
About DESA.IS
Desa Deri Sanayi ve Ticaret A.Ş., founded in 1972 and headquartered in Istanbul, manufactures and retails leather goods, including bags, wallets, and apparel. It operates over 100 stores in Turkey under the DESA brand, supplies Samsonite products, and exports to 50+ countries. The company also produces for luxury brands like Prada and Burberry.
Recent Trend (Up to April 9, 2025)
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Price Snapshot: As of early April 2025 (e.g., April 7), DESA.IS was trading around 20.00–22.00 TRY, per posts on X suggesting it’s above its 200-day moving average and Fibonacci 1.618 level. Earlier in 2025 (e.g., February 4), it was at 22.30 TRY (Stockopedia), down 23.37% over the prior year. The April 9 close might be in the 20–23 TRY range, depending on recent momentum.
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Short-Term Trend:
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X posts from April 7 note DESA struggling to re-enter a breakout channel post-arrests (possibly legal or management-related news), but it’s seen as technically strong above 20 TRY. TradingView’s early April data showed a 2.23% weekly drop but a 5.26% monthly gain.
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Sentiment on X highlights good takas (ownership distribution) and solid multiples, with hopes of a rally if it breaks resistance (~23 TRY).
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Year-to-Date: Down from a 2023 peak of 32.70 TRY (October 11, 2023), with a 2025 low near 19 TRY (X posts). It’s still above its 2022 low of 14.88 TRY.
Current Context (April 10, 2025)
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Market Status: Closed today. Wednesday’s close is the latest, and Friday’s open will reflect any sentiment shifts.
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Fundamentals:
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Market Cap: ~2.17B TRY (Stockopedia, February at 22.30 TRY; adjusted to ~1.95–2.25B TRY at 20–23 TRY).
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Q3 2024: EBITDA margin hit 42% (X posts, October 2023), though unsustainable; net cash at 600M TRY. Q4 2024 profit was flat or slightly down (~10M TRY). Next earnings: April 30, 2025.
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P/E: 11.5x (Stockopedia), with a target of 27.50 TRY (23% upside from 22.30 TRY).
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News: A January 14, 2025, KAP filing announced a capital increase from 245M to 490M TRY (fully funded internally), with rights usage starting January 15. This could dilute shares but strengthen the balance sheet.
Outlook
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Tomorrow (April 11): If it closed near 22 TRY on April 9, it might test 23–24 TRY with volume, or dip to 20 TRY support if holiday sentiment sours.
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Short-Term: Leather goods demand and export strength could lift it, but legal overhangs (if arrests persist) may cap gains. Resistance at 23–25 TRY; support at 19–20 TRY.
Next Steps
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Live Price: Check Borsa Istanbul, TradingView, or Investing.com tomorrow at 10:00 AM +03 for the April 9 close and Friday’s action.
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More Info: Want me to search for April 7–9 updates on X or the web for news or sentiment? I can refine this further.
What do you want to explore about DESA?