Trustpilot Group (LON:TRST) Trading 0.1% Higher – Here’s What Happened

Trustpilot Group plc (LON:TRST)’s share price was up 0.1% on Thursday . The company traded as high as GBX 151.70 and last traded at GBX 148.30. Approximately 3,681,777 shares were traded during trading, a decline of 62% from the average daily volume of 9,643,887 shares. The stock had previously closed at GBX 148.20.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 290 price objective on shares of Trustpilot Group in a research note on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 330.60.

Trustpilot Group Trading Up 7.3%

The firm has a 50-day moving average of GBX 170.19 and a two-hundred day moving average of GBX 187.23. The firm has a market capitalization of £625.95 million, a P/E ratio of -1.34 and a beta of 0.73. The company has a current ratio of 0.97, a quick ratio of 1.71 and a debt-to-equity ratio of 65.07.

Insider Buying and Selling

In related news, insider Adrian Blair bought 95,296 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was purchased at an average price of GBX 157 per share, with a total value of £149,614.72. Insiders own 18.36% of the company’s stock.

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.