Trustpilot Group (LON:TRST) Trading 16.5% Higher – Time to Buy?

Trustpilot Group plc (LON:TRST)’s share price rose 16.5% during mid-day trading on Thursday . The company 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 mid-day 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 Price 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 stock has a market capitalization of £1.33 billion, a price-to-earnings ratio of 10,659.00 and a beta of 1.02. The company has a 50-day simple moving average of GBX 291.21 and a two-hundred day simple moving average of GBX 243.68.

Insider Buying and Selling

In related news, insider Zillah Byng-Thorne purchased 39,200 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of GBX 252 ($3.08) per share, for a total transaction of £98,784 ($120,866.27). 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.