Trustpilot Group (LON:TRST) Trading 15% Higher - Should You Buy?

Key Points

• Trustpilot Group's stock price rose by 15% during trading on Tuesday, reaching a last traded price of GBX 230.60 ($3.15) after previously closing at GBX 200.60 ($2.74).
• Research reports indicate mixed opinions on the stock, with UBS and Berenberg reaffirming "buy" ratings and price targets of GBX 400 and GBX 420, respectively, while Panmure Gordon issued a "sell" rating with a GBX 200 target.
• Insider activity included Peter Holten Mühlmann selling 350,000 shares at an average price of GBX 230, totaling £805,000, while insiders own 17.61% of the company's stock.

Trustpilot Group plc (LON:TRST - Get Free Report)'s stock price rose 15% during trading on Tuesday . The company traded as high as GBX 231.40 ($3.16) and last traded at GBX 230.60 ($3.15). Approximately 8,710,869 shares changed hands during mid-day trading, an increase of 178% from the average daily volume of 3,128,278 shares. The stock had previously closed at GBX 200.60 ($2.74).

Wall Street Analyst Weigh In

TRST has been the topic of a number of research reports. UBS Group reaffirmed a "buy" rating and issued a GBX 400 price target on shares of Trustpilot Group in a report on Friday, September 5th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 420 price target on shares of Trustpilot Group in a report on Tuesday, July 15th. Finally, Panmure Gordon started coverage on shares of Trustpilot Group in a report on Monday, June 9th. They issued a "sell" rating and a GBX 200 price target on the stock. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of GBX 340.

Trustpilot Group Trading Up 15.0%

The stock has a market cap of £939.71 million, a P/E ratio of 16,471.43 and a beta of 1.02. The firm's fifty day moving average price is GBX 230.68 and its two-hundred day moving average price is GBX 233.01. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.31 and a quick ratio of 1.71.

Insider Buying and Selling at Trustpilot Group

In other news, insider Peter Holten Mühlmann sold 350,000 shares of the company's stock in a transaction on Monday, June 23rd. The shares were sold at an average price of GBX 230, for a total value of £805,000. Insiders own 17.61% 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.

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