Trustpilot Group (LON:TRST) Sets New 52-Week High – Still a Buy?

Shares of Trustpilot Group plc (LON:TRST) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 292 ($3.68) and last traded at GBX 290.61 ($3.66), with a volume of 1035830 shares. The stock had previously closed at GBX 290 ($3.65).

Analysts Set New Price Targets

Separately, Berenberg Bank increased their price target on shares of Trustpilot Group from GBX 260 ($3.27) to GBX 270 ($3.40) and gave the stock a “buy” rating in a research note on Wednesday, September 11th.

Trustpilot Group Trading Up 0.3 %

The company has a market capitalization of £1.21 billion, a P/E ratio of 9,666.67 and a beta of 1.02. The stock’s 50 day moving average is GBX 243.48 and its 200-day moving average is GBX 222.67. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.32 and a quick ratio of 1.71.

Insider Buying and Selling

In other Trustpilot Group news, insider Hanno Damm sold 214,856 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of GBX 215 ($2.71), for a total transaction of £461,940.40 ($581,715.65). Also, insider Zillah Byng-Thorne bought 39,200 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were acquired at an average cost of GBX 252 ($3.17) per share, with a total value of £98,784 ($124,397.43). 8.24% of the stock is owned by insiders.

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.