Trustpilot Group (LON:TRST) Now Covered by Analysts at Panmure Gordon

Panmure Gordon initiated coverage on shares of Trustpilot Group (LON:TRST) in a report issued on Monday,London Stock Exchange reports. The firm issued a sell rating and a GBX 200 ($2.71) price objective on the stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 420 ($5.69) price objective on shares of Trustpilot Group in a research report on Friday, May 23rd.

Trustpilot Group Stock Performance

TRST stock opened at GBX 223 ($3.02) on Monday. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31. The stock has a market cap of £1.17 billion, a P/E ratio of 73.92 and a beta of 1.02. The firm has a 50 day simple moving average of GBX 223.34 and a 200 day simple moving average of GBX 273.22. Trustpilot Group has a 52 week low of GBX 123.93 ($1.68) and a 52 week high of GBX 361.50 ($4.90).

Insider Buying and Selling

In other Trustpilot Group news, insider Peter Holten Mühlmann sold 1,881 shares of Trustpilot Group stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of GBX 209 ($2.83), for a total transaction of £3,931.29 ($5,327.67). Also, insider Adrian Blair purchased 40,751 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were acquired at an average price of GBX 244 ($3.31) per share, for a total transaction of £99,432.44 ($134,750.56). 8.24% of the stock is currently owned by insiders.

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.