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Trustpilot Group (LON:TRST) Reaches New 52-Week High - Still a Buy?

Trustpilot Group logo with Computer and Technology background

Trustpilot Group plc (LON:TRST - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 297.50 ($3.77) and last traded at GBX 297 ($3.76), with a volume of 306875 shares trading hands. The stock had previously closed at GBX 294.50 ($3.73).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their price objective on shares of Trustpilot Group from GBX 260 ($3.29) to GBX 270 ($3.42) and gave the company a "buy" rating in a research note on Wednesday, September 11th.

Check Out Our Latest Analysis on TRST

Trustpilot Group Price Performance

The company has a market capitalization of £1.23 billion, a price-to-earnings ratio of 9,866.67 and a beta of 1.02. The company has a quick ratio of 1.71, a current ratio of 1.32 and a debt-to-equity ratio of 41.16. The stock's 50-day moving average price is GBX 251.52 and its 200-day moving average price is GBX 225.96.

Insider Activity at Trustpilot Group

In other Trustpilot Group news, insider Zillah Byng-Thorne acquired 39,200 shares of the firm's stock in a transaction that occurred on Tuesday, November 5th. The stock was acquired at an average cost of GBX 252 ($3.19) per share, for a total transaction of £98,784 ($125,027.21). Also, insider Hanno Damm sold 214,856 shares of the firm's stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of GBX 215 ($2.72), for a total transaction of £461,940.40 ($584,660.68). 8.24% of the stock is currently owned by corporate 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.

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