Trustpilot Group (LON:TRST) Sets New 1-Year High - Here's Why

Trustpilot Group plc (LON:TRST - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 309 ($3.93) and last traded at GBX 308 ($3.92), with a volume of 2023994 shares. The stock had previously closed at GBX 304.50 ($3.87).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their price objective on shares of Trustpilot Group from GBX 260 ($3.31) to GBX 270 ($3.43) and gave the company a "buy" rating in a research report on Wednesday, September 11th.

Trustpilot Group Price Performance

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 business's fifty day simple moving average is GBX 268.17 and its 200 day simple moving average is GBX 232.54. The stock has a market cap of £1.28 billion, a price-to-earnings ratio of 10,266.67 and a beta of 1.02.

Insider Buying and Selling

In related news, insider Zillah Byng-Thorne acquired 39,200 shares of Trustpilot Group stock in a transaction on Tuesday, November 5th. The shares were purchased at an average cost of GBX 252 ($3.20) per share, for a total transaction of £98,784 ($125,583.52). Insiders own 8.24% of the company's stock.

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.