Trustpilot Group (LON:TRST) Trading Up 1% - Here's Why

Trustpilot Group plc (LON:TRST - Get Free Report) shares rose 1% on Wednesday . The stock traded as high as GBX 232.30 ($3.06) and last traded at GBX 229.80 ($3.03). Approximately 884,856 shares were traded during trading, a decline of 78% from the average daily volume of 4,000,367 shares. The stock had previously closed at GBX 227.60 ($3.00).

Analyst Ratings Changes

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 420 ($5.53) price objective on shares of Trustpilot Group in a research report on Wednesday, March 19th.

Trustpilot Group Stock Performance

The company has a 50 day moving average of GBX 228.85 and a two-hundred day moving average of GBX 276.95. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.31 and a quick ratio of 1.71. The company has a market capitalization of £1.32 billion, a PE ratio of 83.54 and a beta of 1.02.

Insider Buying and Selling

In other news, insider Peter Holten Mühlmann sold 1,881 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of GBX 209 ($2.75), for a total transaction of £3,931.29 ($5,179.57). Also, insider Adrian Blair bought 40,751 shares of the firm's stock in a transaction on Wednesday, March 26th. The stock was acquired at an average cost of GBX 244 ($3.21) per share, with a total value of £99,432.44 ($131,004.53). 8.24% of the stock is currently owned by insiders.

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.