Trustpilot Group (LON:TRST) Stock Price Up 16.5% – Time to Buy?

Shares of Trustpilot Group plc (LON:TRST) rose 16.5% on Thursday . The stock traded as high as GBX 324.50 ($3.97) and last traded at GBX 319.77 ($3.91). Approximately 10,704,650 shares traded hands during trading, an increase of 47% from the average daily volume of 7,263,369 shares. The stock had previously closed at GBX 274.50 ($3.36).

Trustpilot Group Stock Up 16.5 %

The stock has a market cap of £1.33 billion, a price-to-earnings ratio of 10,659.00 and a beta of 1.02. The business’s 50 day moving average is GBX 291.21 and its 200-day moving average is GBX 243.68. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.32.

Insider Buying and Selling at Trustpilot Group

In other news, insider Zillah Byng-Thorne purchased 39,200 shares of the stock in a transaction dated Tuesday, November 5th. The shares were purchased at an average cost of GBX 252 ($3.08) per share, with a total value of £98,784 ($120,866.27). 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.