Trustpilot Group (LON:TRST) Sets New 52-Week High After Insider Buying Activity

Trustpilot Group plc (LON:TRST - Get Free Report) shares hit a new 52-week high during trading on Tuesday following insider buying activity. The stock traded as high as GBX 253 ($3.29) and last traded at GBX 251 ($3.27), with a volume of 1016689 shares traded. The stock had previously closed at GBX 249 ($3.24).

Specifically, insider Zillah Byng-Thorne purchased 39,200 shares of the company's stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of GBX 252 ($3.28) per share, for a total transaction of £98,784 ($128,591.51).

Analyst Ratings Changes

Several equities research analysts recently weighed in on TRST shares. JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 250 ($3.25) price objective on shares of Trustpilot Group in a report on Friday, July 12th. Berenberg Bank increased their price objective on shares of Trustpilot Group from GBX 260 ($3.38) to GBX 270 ($3.51) and gave the stock a "buy" rating in a research report on Wednesday, September 11th.

Trustpilot Group Price Performance

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 stock has a market cap of £1.04 billion, a PE ratio of 8,366.67 and a beta of 1.02. The business has a 50-day moving average price of GBX 225.27 and a 200 day moving average price of GBX 215.02.

Trustpilot Group Company Profile

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.