Trustpilot Group (LON:TRST) Sets New 52-Week High - Should You Buy?

Trustpilot Group plc (LON:TRST - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 379.20 ($5.09) and last traded at GBX 271.80 ($3.65), with a volume of 2147423 shares trading hands. The stock had previously closed at GBX 271.40 ($3.64).

Analyst Ratings Changes

A number of equities analysts recently issued reports on TRST shares. Panmure Gordon initiated coverage on shares of Trustpilot Group in a research note on Monday, June 9th. They issued a "sell" rating and a GBX 200 ($2.68) price target for the company. Berenberg Bank reaffirmed a "buy" rating and set a GBX 420 ($5.63) target price on shares of Trustpilot Group in a research note on Tuesday, July 15th.

Trustpilot Group Stock Performance

The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31. The company has a market capitalization of £1.39 billion, a P/E ratio of 87.63 and a beta of 1.02. The business's fifty day simple moving average is GBX 240.07 and its 200-day simple moving average is GBX 261.29.

Insider Buying and Selling

In related news, insider Peter Holten Mühlmann sold 350,000 shares of the company's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of GBX 230 ($3.09), for a total transaction of £805,000 ($1,079,812.21). 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.