Trustpilot Group (LON:TRST) Shares Up 16.5% - Here's What Happened

Shares of Trustpilot Group plc (LON:TRST - Get Free Report) were up 16.5% on Thursday . The company traded as high as GBX 324.50 ($3.97) and last traded at GBX 319.77 ($3.91). Approximately 10,704,650 shares changed hands during trading, an increase of 47% from the average daily volume of 7,263,369 shares. The stock had previously closed at GBX 274.50 ($3.36).

Trustpilot Group Trading Up 2.5 %

The company has a market cap of £1.36 billion, a PE ratio of 10,933.33 and a beta of 1.02. The stock has a 50 day moving average price of GBX 292.44 and a 200 day moving average price of GBX 244.21. The company has a current ratio of 1.32, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16.

Insider Buying and Selling

In related news, insider Zillah Byng-Thorne purchased 39,200 shares of Trustpilot Group stock in a transaction dated Tuesday, November 5th. The stock was purchased at an average cost of GBX 252 ($3.08) per share, for a total transaction of £98,784 ($120,866.27). 8.24% of the stock is currently owned by insiders.

About Trustpilot Group

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.