Trustpilot Group (LON:TRST) Sets New 52-Week High – Here’s What Happened

Trustpilot Group plc (LON:TRST)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 292 ($3.67) and last traded at GBX 290.61 ($3.65), with a volume of 1035830 shares changing hands. The stock had previously closed at GBX 290 ($3.65).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their price objective on shares of Trustpilot Group from GBX 260 ($3.27) to GBX 270 ($3.39) and gave the company a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Stock Down 0.9 %

The stock’s fifty day moving average is GBX 244.88 and its 200 day moving average is GBX 223.21. The company has a current ratio of 1.32, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16. The company has a market capitalization of £1.19 billion, a P/E ratio of 9,633.33 and a beta of 1.02.

Insider Activity at Trustpilot Group

In other Trustpilot Group 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 ($2.70), for a total value of £461,940.40 ($580,691.89). Also, insider Zillah Byng-Thorne acquired 39,200 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was bought at an average price of GBX 252 ($3.17) per share, with a total value of £98,784 ($124,178.50). 8.24% of the stock is currently owned by company insiders.

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.