Trustpilot Group (LON:TRST) Reaches New 12-Month Low - What's Next?

Trustpilot Group plc (LON:TRST - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 178.80 ($2.34) and last traded at GBX 181.30 ($2.37), with a volume of 378151 shares traded. The stock had previously closed at GBX 200.05 ($2.62).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 420 ($5.50) target price on shares of Trustpilot Group in a research note on Wednesday, March 19th.

Trustpilot Group Price Performance

The company has a market cap of £1.06 billion, a price-to-earnings ratio of 67.16 and a beta of 1.02. The company has a 50-day simple moving average of GBX 275.15 and a 200-day simple moving average of GBX 278.23. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31.

Insider Buying and Selling

In other Trustpilot Group news, insider Hanno Damm sold 39,902 shares of the stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of GBX 303 ($3.97), for a total value of £120,903.06 ($158,250.08). Also, insider Adrian Blair purchased 40,751 shares of Trustpilot Group stock in a transaction dated Wednesday, March 26th. The shares were bought at an average price of GBX 244 ($3.19) per share, with a total value of £99,432.44 ($130,147.17). 8.24% of the stock is currently owned by corporate insiders.

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.