Trustpilot Group (LON:TRST) Trading Up 16.5% – Should You Buy?

Trustpilot Group plc (LON:TRST)’s stock price traded up 16.5% on Thursday . The company 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 mid-day 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 Price Performance

The firm has a market cap of £1.36 billion, a P/E 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. The firm has a 50-day simple moving average of GBX 293.84 and a 200-day simple moving average of GBX 244.93.

Insiders Place Their Bets

In related news, insider Zillah Byng-Thorne bought 39,200 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average cost of GBX 252 ($3.07) per share, for a total transaction of £98,784 ($120,189.80). Corporate 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.