Trustpilot Group (LON:TRST) Trading 16.6% Higher – Time to Buy?

Trustpilot Group plc (LON:TRST)’s share price rose 16.6% during mid-day trading on Thursday . The stock traded as high as GBX 324.50 ($3.97) and last traded at GBX 320 ($3.92). Approximately 10,058,453 shares traded hands during mid-day trading, an increase of 40% from the average daily volume of 7,204,624 shares. The stock had previously closed at GBX 274.50 ($3.36).

Trustpilot Group Price Performance

The company has a 50 day moving average price of GBX 291.21 and a 200-day moving average price of GBX 243.68. The company has a quick ratio of 1.71, a current ratio of 1.32 and a debt-to-equity ratio of 41.16. The company has a market cap of £1.33 billion, a price-to-earnings ratio of 10,659.00 and a beta of 1.02.

Insider Activity

In related news, insider Zillah Byng-Thorne purchased 39,200 shares of Trustpilot Group stock in a transaction on Tuesday, November 5th. The shares were purchased at an average price of GBX 252 ($3.08) per share, for a total transaction of £98,784 ($120,910.65). Insiders own 8.24% of the company’s stock.

About Trustpilot Group

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.