Trustpilot Group (LON:TRST) Sets New 1-Year High – Here’s What Happened

Trustpilot Group plc (LON:TRST) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 291.10 and last traded at GBX 291.10, with a volume of 1362959 shares traded. The stock had previously closed at GBX 279.60.

Wall Street Analyst Weigh In

Several analysts have recently commented on TRST shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 375 price objective on shares of Trustpilot Group in a research note on Thursday, May 7th. UBS Group restated a “buy” rating and set a GBX 410 price objective on shares of Trustpilot Group in a research note on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 351.25.

Trustpilot Group Stock Up 4.1%

The stock has a fifty day simple moving average of GBX 255.50 and a two-hundred day simple moving average of GBX 221.23. The firm has a market cap of £1.12 billion, a PE ratio of 161.72 and a beta of 0.51. The company has a current ratio of 0.57, a quick ratio of 1.71 and a debt-to-equity ratio of -269.41.

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.