Trustpilot Group (LON:TRST) Shares Up 16.5% – Here’s What Happened

Trustpilot Group plc (LON:TRST)’s stock price traded up 16.5% during mid-day trading on Thursday . The stock traded as high as GBX 324.50 ($3.95) and last traded at GBX 319.77 ($3.89). 10,704,650 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 7,263,369 shares. The stock had previously closed at GBX 274.50 ($3.34).

Trustpilot Group Trading Up 2.5 %

The business’s 50 day moving average price is GBX 293.84 and its two-hundred day moving average price is GBX 245.09. 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 £1.36 billion, a price-to-earnings ratio of 10,933.33 and a beta of 1.02.

Insider Buying and Selling

In other news, insider Zillah Byng-Thorne purchased 39,200 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were acquired at an average price of GBX 252 ($3.07) per share, for a total transaction of £98,784 ($120,189.80). Insiders own 8.24% of the company’s stock.

Trustpilot Group Company Profile

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.