Trustpilot Group (LON:TRST) Stock Price Up 16.5% – Here’s Why

Trustpilot Group plc (LON:TRST) shares rose 16.5% during 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 traded hands 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 Trading Up 16.5 %

The firm has a market capitalization of £1.33 billion, a P/E ratio of 10,659.00 and a beta of 1.02. The stock has a 50-day simple moving average of GBX 291.21 and a two-hundred day simple moving average of GBX 243.68. The company has a current ratio of 1.32, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16.

Insider Activity at Trustpilot Group

In other Trustpilot Group news, insider Zillah Byng-Thorne acquired 39,200 shares of Trustpilot Group stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average price of GBX 252 ($3.08) per share, with a total value of £98,784 ($120,866.27). 8.24% of the stock is currently owned by corporate insiders.

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.