Trustpilot Group (LON:TRST) Trading Up 17.5% – Here’s What Happened

Trustpilot Group plc (LON:TRST)’s share price traded up 17.5% on Thursday . The stock traded as high as GBX 322.50 ($3.95) and last traded at GBX 322.50 ($3.95). 24,982,889 shares changed hands during mid-day trading, an increase of 192% from the average session volume of 8,561,391 shares. The stock had previously closed at GBX 274.50 ($3.36).

Trustpilot Group Stock Up 17.2 %

The company has a current ratio of 1.32, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16. The firm’s 50 day simple moving average is GBX 290.86 and its two-hundred day simple moving average is GBX 243.46. The firm has a market cap of £1.34 billion, a price-to-earnings ratio of 10,726.67 and a beta of 1.02.

Insiders Place Their Bets

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

Trustpilot Group Company Profile

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.