Trustpilot Group (LON:TRST) Trading 16.5% Higher – Time to Buy?

Trustpilot Group plc (LON:TRST)’s share price shot up 16.5% during mid-day trading on Thursday . The stock traded as high as GBX 324.50 ($3.95) and last traded at GBX 319.77 ($3.89). 10,704,650 shares traded hands during trading, an increase of 47% from the average session volume of 7,263,369 shares. The stock had previously closed at GBX 274.50 ($3.34).

Trustpilot Group Trading Up 2.5 %

The business has a 50 day moving average of GBX 293.84 and a 200-day moving average of GBX 244.93. The stock has a market cap of £1.36 billion, a PE ratio of 10,933.33 and a beta of 1.02. 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 Transactions at Trustpilot Group

In other news, insider Zillah Byng-Thorne acquired 39,200 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was acquired at an average price of GBX 252 ($3.07) per share, with a total value of £98,784 ($120,189.80). Insiders own 8.24% 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.