Trustpilot Group (LON:TRST) Reaches New 1-Year High – Time to Buy?

Trustpilot Group plc (LON:TRST)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 309 ($3.86) and last traded at GBX 308 ($3.85), with a volume of 2023994 shares changing hands. The stock had previously closed at GBX 304.50 ($3.81).

Analysts Set New Price Targets

Separately, Berenberg Bank upped their price target on Trustpilot Group from GBX 260 ($3.25) to GBX 270 ($3.37) and gave the stock a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Stock Performance

The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71. The company has a fifty day moving average of GBX 269.61 and a two-hundred day moving average of GBX 233.04. The stock has a market capitalization of £1.25 billion, a P/E ratio of 10,000.00 and a beta of 1.02.

Insider Activity at Trustpilot Group

In related news, insider Zillah Byng-Thorne acquired 39,200 shares of Trustpilot Group stock in a transaction that occurred on Tuesday, November 5th. The stock was acquired at an average price of GBX 252 ($3.15) per share, for a total transaction of £98,784 ($123,464.57). Corporate insiders own 8.24% of the company’s stock.

Trustpilot Group Company Profile

Trustpilot Group plc engages in the development and hosting of an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally. The company's online review platform enables consumers to make purchasing decisions, and businesses to showcase their trustscore and improve their services.