Trustpilot Group (LON:TRST) Stock Price Up 16.5% – What’s Next?

Trustpilot Group plc (LON:TRST)’s stock price shot up 16.5% during trading on Thursday . The company traded as high as GBX 324.50 ($3.97) and last traded at GBX 319.77 ($3.91). 10,704,650 shares were traded during trading, an increase of 47% from the average session volume of 7,263,369 shares. The stock had previously closed at GBX 274.50 ($3.36).

Trustpilot Group Trading Up 16.5 %

The firm has a market capitalization of £1.33 billion, a P/E ratio of 10,659.00 and a beta of 1.02. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.32. The firm has a 50 day moving average price of GBX 291.21 and a two-hundred day moving average price of GBX 243.68.

Insiders Place Their Bets

In other Trustpilot Group news, insider Zillah Byng-Thorne bought 39,200 shares of Trustpilot Group stock in a transaction dated Tuesday, November 5th. The stock was bought at an average price of GBX 252 ($3.08) per share, for a total transaction of £98,784 ($120,910.65). Corporate insiders own 8.24% 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.