Trustpilot Group (LON:TRST) Reaches New 12-Month High – Time to Buy?

Trustpilot Group plc (LON:TRST) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 307.50 ($3.90) and last traded at GBX 307 ($3.89), with a volume of 6230213 shares traded. The stock had previously closed at GBX 299 ($3.79).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their target price on Trustpilot Group from GBX 260 ($3.30) to GBX 270 ($3.42) and gave the company a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Trading Up 0.6 %

The stock has a market capitalization of £1.23 billion, a P/E ratio of 9,766.67 and a beta of 1.02. The stock’s fifty day moving average price is GBX 263.89 and its 200 day moving average price is GBX 230.36. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71.

Insider Transactions at Trustpilot Group

In other news, insider Zillah Byng-Thorne acquired 39,200 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were purchased at an average price of GBX 252 ($3.19) per share, with a total value of £98,784 ($125,217.39). Corporate insiders own 8.24% of the company’s stock.

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.