Trustpilot Group (LON:TRST) Trading Up 2% – Time to Buy?

Trustpilot Group plc (LON:TRST)’s stock price rose 2% during mid-day trading on Wednesday . The company traded as high as GBX 275.50 ($3.35) and last traded at GBX 274.50 ($3.34). Approximately 1,271,539 shares traded hands during trading, a decline of 82% from the average daily volume of 6,919,241 shares. The stock had previously closed at GBX 269 ($3.27).

Trustpilot Group Price Performance

The firm has a 50-day moving average of GBX 292.44 and a 200 day moving average of GBX 244.21. The company has a market capitalization of £1.36 billion, a PE ratio of 10,933.33 and a beta of 1.02. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71.

Insider Activity

In other news, insider Zillah Byng-Thorne acquired 39,200 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average price of GBX 252 ($3.07) per share, with a total value of £98,784 ($120,189.80). 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.