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

Shares of Trustpilot Group plc (LON:TRST) traded up 14.8% during mid-day trading 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 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 Trading Up 12.8 %

The business has a 50 day simple moving average of GBX 315.05 and a 200-day simple moving average of GBX 278.44. The stock has a market capitalization of £1.64 billion, a price-to-earnings ratio of 103.42 and a beta of 1.02. The company has a current ratio of 1.31, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16.

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.