Trustpilot Group (LON:TRST) Stock Price Up 6.7%

Trustpilot Group plc (LON:TRST)’s stock price shot up 6.7% during trading on Friday . The stock traded as high as GBX 200.50 ($2.52) and last traded at GBX 200 ($2.51). 5,182,728 shares changed hands during mid-day trading, an increase of 188% from the average session volume of 1,802,665 shares. The stock had previously closed at GBX 187.40 ($2.35).

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on TRST shares. JPMorgan Chase & Co. increased their price objective on shares of Trustpilot Group from GBX 190 ($2.39) to GBX 250 ($3.14) and gave the company an “overweight” rating in a research note on Tuesday, March 5th. Berenberg Bank raised their price target on shares of Trustpilot Group from GBX 160 ($2.01) to GBX 200 ($2.51) and gave the stock a “buy” rating in a report on Thursday, January 11th.

Trustpilot Group Stock Up 0.5 %

The business’s 50 day moving average price is GBX 193.18 and its 200 day moving average price is GBX 160.20. The firm has a market cap of £830.19 million, a PE ratio of 20,100.00 and a beta of 1.03. The company has a debt-to-equity ratio of 36.23, a current ratio of 1.56 and a quick ratio of 1.71.

Insider Transactions at Trustpilot Group

In other Trustpilot Group news, insider Claire Davenport purchased 2,642 shares of the firm’s stock in a transaction dated Thursday, March 21st. The shares were purchased at an average cost of GBX 188 ($2.36) per share, with a total value of £4,966.96 ($6,239.12). In related news, insider Claire Davenport acquired 2,642 shares of the stock in a transaction on Thursday, March 21st. The shares were bought at an average price of GBX 188 ($2.36) per share, with a total value of £4,966.96 ($6,239.12). Also, insider Hanno Damm sold 34,319 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of GBX 192 ($2.41), for a total transaction of £65,892.48 ($82,769.10). Corporate insiders own 8.42% of the company’s stock.

About Trustpilot Group

Trustpilot Group plc engages in the development and hosting of an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally. The company's online review platform enables consumers to make purchasing decisions, as well as provides consumers with the opportunity to recommend businesses, products, services, and locations based on their experiences; and businesses to showcase their trustscore.