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

Trustpilot Group plc (LON:TRST) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 314 ($3.94) and last traded at GBX 308.89 ($3.87), with a volume of 725277 shares changing hands. The stock had previously closed at GBX 307 ($3.85).

Analyst Ratings Changes

Separately, Berenberg Bank raised their target price on Trustpilot Group from GBX 260 ($3.26) to GBX 270 ($3.39) and gave the stock a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Trading Up 0.7 %

The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.32. The company has a market cap of £1.28 billion, a price-to-earnings ratio of 10,300.97 and a beta of 1.02. The company’s fifty day moving average is GBX 277.18 and its two-hundred day moving average is GBX 236.25.

Insider Activity

In related news, insider Zillah Byng-Thorne bought 39,200 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were purchased at an average cost of GBX 252 ($3.16) per share, with a total value of £98,784 ($123,898.16). Insiders own 8.24% of the company’s stock.

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.