Trustpilot Group (LON:TRST) Trading 16.5% Higher – Here’s What Happened

Trustpilot Group plc (LON:TRST)’s share price rose 16.5% during mid-day trading on Thursday . The stock traded as high as GBX 324.50 ($3.97) and last traded at GBX 319.77 ($3.91). Approximately 10,704,650 shares were traded during trading, an increase of 47% from the average daily volume of 7,263,369 shares. The stock had previously closed at GBX 274.50 ($3.36).

Trustpilot Group Stock Performance

The stock has a fifty day simple moving average of GBX 291.21 and a 200-day simple moving average 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 capitalization of £1.33 billion, a P/E ratio of 10,659.00 and a beta of 1.02.

Insider Buying and Selling at Trustpilot Group

In related news, insider Zillah Byng-Thorne purchased 39,200 shares of Trustpilot Group stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average price of GBX 252 ($3.08) per share, for a total transaction of £98,784 ($120,866.27). Company 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.