Trustpilot Group (LON:TRST) Trading 0.7% Higher - Should You Buy?

Key Points

• Trustpilot Group's stock increased by 0.7% in mid-day trading, reaching GBX 200.60 ($2.73), although trading volume was down by 53% compared to its average.
• Wall Street analysts have mixed opinions on Trustpilot Group, with two analysts issuing a "buy" rating and a £200 target, while one analyst has rated it as "sell."
• Company insider Peter Holten Mühlmann sold 250,000 shares for £575,000 at an average price of GBX 230, while insiders hold 17.61% of the company’s stock.

Trustpilot Group plc (LON:TRST - Get Free Report)'s stock price was up 0.7% during mid-day trading on Tuesday . The stock traded as high as GBX 208 ($2.83) and last traded at GBX 200.60 ($2.73). Approximately 1,455,346 shares traded hands during trading, a decline of 53% from the average daily volume of 3,096,915 shares. The stock had previously closed at GBX 199.30 ($2.71).

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Panmure Gordon began coverage on Trustpilot Group in a research note on Monday, June 9th. They issued a "sell" rating and a GBX 200 target price on the stock. UBS Group reiterated a "buy" rating and issued a GBX 400 target price on shares of Trustpilot Group in a report on Friday, September 5th. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 420 price target on shares of Trustpilot Group in a research note on Tuesday, July 15th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Trustpilot Group has an average rating of "Hold" and an average price target of GBX 340.

Trustpilot Group Stock Up 8.4%

The company has a quick ratio of 1.71, a current ratio of 1.31 and a debt-to-equity ratio of 41.16. The firm has a 50 day moving average price of GBX 230.99 and a two-hundred day moving average price of GBX 233.02. The company has a market capitalization of £885.92 million, a price-to-earnings ratio of 15,528.57 and a beta of 1.02.

Insider Activity

In other Trustpilot Group news, insider Peter Holten Mühlmann sold 250,000 shares of Trustpilot Group stock in a transaction on Monday, June 23rd. The shares were sold at an average price of GBX 230, for a total transaction of £575,000. 17.61% of the stock is owned by company insiders.

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.

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