Trustpilot Group (LON:TRST) Stock Price Up 14.8% – Here’s Why

Trustpilot Group plc (LON:TRST) shares shot up 14.8% on Tuesday . The stock traded as high as GBX 320.50 ($4.16) and last traded at GBX 317.50 ($4.12). 22,532,924 shares were traded during mid-day trading, an increase of 442% from the average session volume of 4,156,732 shares. The stock had previously closed at GBX 276.50 ($3.59).

Trustpilot Group Stock Up 12.8 %

The company’s 50 day moving average price is GBX 315.05 and its two-hundred day moving average price is GBX 278.44. The company has a current ratio of 1.31, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16. The firm has a market cap of £1.64 billion, a PE ratio of 103.42 and a beta of 1.02.

About Trustpilot Group

Trustpilot began in 2007 with a simple yet powerful idea that is more relevant today than ever — to be the universal symbol of trust, bringing consumers and businesses together through reviews. Trustpilot is open, independent, and impartial — we help consumers make the right choices and businesses to build trust, grow and improve.

Today, we have more than 300 million reviews and 67 million monthly active users across the globe, with 127 billion annual Trustpilot brand impressions, and the numbers keep growing.