Trustpilot Group (LON:TRST) Hits New 12-Month High – Should You Buy?

Trustpilot Group plc (LON:TRST)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 280 ($3.53) and last traded at GBX 278.75 ($3.51), with a volume of 63809 shares. The stock had previously closed at GBX 279 ($3.52).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their target price on shares of Trustpilot Group from GBX 260 ($3.28) to GBX 270 ($3.40) and gave the company a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Stock Performance

The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71. The business has a 50 day moving average price of GBX 236.39 and a 200 day moving average price of GBX 219.90. The stock has a market capitalization of £1.15 billion, a PE ratio of 9,300.00 and a beta of 1.02.

Insider Buying and Selling 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 cost of GBX 252 ($3.18) per share, for a total transaction of £98,784 ($124,491.49). Also, insider Hanno Damm sold 214,856 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of GBX 215 ($2.71), for a total transaction of £461,940.40 ($582,155.51). 8.24% of the stock is owned by company insiders.

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.