Trustpilot Group (LON:TRST) Reaches New 12-Month High – What’s Next?

Trustpilot Group plc (LON:TRST)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 280 ($3.55) and last traded at GBX 278.75 ($3.54), with a volume of 63809 shares. The stock had previously closed at GBX 279 ($3.54).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lifted their price objective on Trustpilot Group from GBX 260 ($3.30) to GBX 270 ($3.43) and gave the company a “buy” rating in a report on Wednesday, September 11th.

Trustpilot Group Stock Down 0.4 %

The stock has a market capitalization of £1.15 billion, a price-to-earnings ratio of 9,266.67 and a beta of 1.02. The firm has a 50 day simple moving average of GBX 239.59 and a 200-day simple moving average of GBX 220.96. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71.

Insider Buying and Selling

In other Trustpilot Group news, insider Zillah Byng-Thorne acquired 39,200 shares of Trustpilot Group stock in a transaction on Tuesday, November 5th. The shares were bought at an average price of GBX 252 ($3.20) per share, with a total value of £98,784 ($125,360.41). Also, insider Hanno Damm sold 214,856 shares of the firm’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of GBX 215 ($2.73), for a total value of £461,940.40 ($586,218.78). 8.24% of the stock is currently owned by corporate insiders.

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, and businesses to showcase their trustscore and improve their services.