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

Trustpilot Group plc (LON:TRST)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 292 ($3.68) and last traded at GBX 290.61 ($3.66), with a volume of 1035830 shares changing hands. The stock had previously closed at GBX 290 ($3.65).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upped their price objective on Trustpilot Group from GBX 260 ($3.27) to GBX 270 ($3.40) and gave the company a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Trading Up 0.3 %

The stock has a market cap of £1.21 billion, a P/E ratio of 9,666.67 and a beta of 1.02. The firm’s fifty day moving average price is GBX 243.48 and its two-hundred day moving average price is GBX 222.67. 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 Transactions at Trustpilot Group

In related news, insider Zillah Byng-Thorne bought 39,200 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average cost of GBX 252 ($3.17) per share, for a total transaction of £98,784 ($124,397.43). Also, insider Hanno Damm sold 214,856 shares of the company’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of GBX 215 ($2.71), for a total transaction of £461,940.40 ($581,715.65). Insiders own 8.24% of the company’s stock.

About Trustpilot Group

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.