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

Trustpilot Group logo with Computer and Technology background

Trustpilot Group plc (LON:TRST - Get Free Report) shares hit a new 52-week high during trading 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 trading hands. The stock had previously closed at GBX 307 ($3.85).

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their price target on shares of Trustpilot Group from GBX 260 ($3.26) to GBX 270 ($3.38) and gave the stock a "buy" rating in a research note on Wednesday, September 11th.

Check Out Our Latest Stock Analysis on Trustpilot Group

Trustpilot Group Stock Up 0.7 %

The stock has a market cap of £1.28 billion, a price-to-earnings ratio of 10,300.97 and a beta of 1.02. The business has a fifty day moving average of GBX 274.05 and a 200 day moving average of GBX 235.08. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71.

Insider Activity at Trustpilot Group

In related news, insider Zillah Byng-Thorne bought 39,200 shares of Trustpilot Group stock in a transaction that occurred on Tuesday, November 5th. The stock was purchased at an average cost of GBX 252 ($3.16) per share, for a total transaction of £98,784 ($123,836.03). 8.24% of the stock is owned by company insiders.

Trustpilot Group Company Profile

(Get Free Report)

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.

Further Reading

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