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Trustpilot Group (LON:TRST) Shares Up 0.4% - Here's Why

Trustpilot Group logo with Computer and Technology background

Trustpilot Group plc (LON:TRST - Get Free Report) rose 0.4% during trading on Monday . The stock traded as high as GBX 254.60 ($3.42) and last traded at GBX 252.60 ($3.39). Approximately 583,492 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 3,209,539 shares. The stock had previously closed at GBX 251.67 ($3.38).

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on TRST shares. Panmure Gordon assumed coverage on shares of Trustpilot Group in a research report on Monday, June 9th. They set a "sell" rating and a GBX 200 ($2.69) price target on the stock. Berenberg Bank restated a "buy" rating and set a GBX 420 ($5.64) target price on shares of Trustpilot Group in a research note on Tuesday.

View Our Latest Stock Report on TRST

Trustpilot Group Trading Down 1.1%

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 business has a 50 day moving average of GBX 239.58 and a 200 day moving average of GBX 261.90. The firm has a market capitalization of £1.39 billion, a price-to-earnings ratio of 87.63 and a beta of 1.02.

Insider Activity at Trustpilot Group

In other Trustpilot Group news, insider Peter Holten Mühlmann sold 250,000 shares of the business's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of GBX 230 ($3.09), for a total value of £575,000 ($772,123.00). 8.24% of the stock is currently owned by company insiders.

About Trustpilot Group

(Get Free Report)

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.

See Also

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