Trustpilot Group (LON:TRST) Hits New 1-Year High – Here’s What Happened

Trustpilot Group plc (LON:TRST)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 307.50 ($3.93) and last traded at GBX 307 ($3.92), with a volume of 6230213 shares trading hands. The stock had previously closed at GBX 299 ($3.82).

Analyst Ratings Changes

Separately, Berenberg Bank lifted their price target on Trustpilot Group from GBX 260 ($3.32) to GBX 270 ($3.45) and gave the company a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Trading Up 2.7 %

The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71. The company has a market cap of £1.28 billion, a price-to-earnings ratio of 9,966.67 and a beta of 1.02. The business’s fifty day moving average price is GBX 260.75 and its 200 day moving average price is GBX 229.35.

Insider Buying and Selling

In other news, insider Zillah Byng-Thorne purchased 39,200 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were purchased at an average price of GBX 252 ($3.22) per share, for a total transaction of £98,784 ($126,209.28). 8.24% of the stock is 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.