Trustpilot Group (LON:TRST) Hits New 12-Month High – Should You Buy?

Trustpilot Group plc (LON:TRST)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 309 ($3.92) and last traded at GBX 308 ($3.91), with a volume of 2023994 shares. The stock had previously closed at GBX 304.50 ($3.86).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their target price on Trustpilot Group from GBX 260 ($3.30) to GBX 270 ($3.43) and gave the company a “buy” rating in a research report on Wednesday, September 11th.

Trustpilot Group Price Performance

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 stock has a 50 day moving average of GBX 266.63 and a 200-day moving average of GBX 231.83. The company has a market cap of £1.28 billion, a PE ratio of 10,266.67 and a beta of 1.02.

Insider Buying and Selling

In related news, insider Zillah Byng-Thorne acquired 39,200 shares of the stock in a transaction on Tuesday, November 5th. The shares were acquired at an average price of GBX 252 ($3.20) per share, for a total transaction of £98,784 ($125,328.60). 8.24% of the stock is owned by corporate 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.