Trustpilot Group (LON:TRST) Reaches New 52-Week High – Here’s Why

Trustpilot Group plc (LON:TRST)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 280 ($3.53) and last traded at GBX 278.75 ($3.51), with a volume of 63809 shares. The stock had previously closed at GBX 279 ($3.52).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their target price on shares of Trustpilot Group from GBX 260 ($3.28) to GBX 270 ($3.40) and gave the company a “buy” rating in a research report on Wednesday, September 11th.

Trustpilot Group Trading Down 0.5 %

The stock has a fifty day moving average of GBX 236.39 and a 200 day moving average of GBX 219.90. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.32. The company has a market capitalization of £1.15 billion, a P/E ratio of 9,300.00 and a beta of 1.02.

Insider Transactions at Trustpilot Group

In related news, insider Hanno Damm sold 214,856 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of GBX 215 ($2.71), for a total value of £461,940.40 ($582,155.51). Also, insider Zillah Byng-Thorne purchased 39,200 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was acquired at an average price of GBX 252 ($3.18) per share, with a total value of £98,784 ($124,491.49). Corporate insiders own 8.24% of the company’s stock.

Trustpilot Group Company Profile

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.