Trustpilot Group (LON:TRST) Trading Up 16.6% – Here’s Why

Trustpilot Group plc (LON:TRST) shares rose 16.6% during trading on Thursday . The company traded as high as GBX 324.50 ($3.95) and last traded at GBX 320 ($3.89). Approximately 10,058,453 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 7,204,624 shares. The stock had previously closed at GBX 274.50 ($3.34).

Trustpilot Group Stock Up 2.5 %

The company has a market capitalization of £1.36 billion, a PE ratio of 10,933.33 and a beta of 1.02. The company’s fifty day moving average is GBX 293.84 and its 200-day moving average is GBX 244.93. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.32.

Insider Transactions at Trustpilot Group

In related news, insider Zillah Byng-Thorne acquired 39,200 shares of Trustpilot Group stock in a transaction dated Tuesday, November 5th. The shares were purchased at an average price 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.

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.