Trustpilot Group (LON:TRST) Sets New 12-Month Low – Time to Sell?

Shares of Trustpilot Group plc (LON:TRST) hit a new 52-week low on Friday . The stock traded as low as GBX 125.80 and last traded at GBX 129.20, with a volume of 45591195 shares trading hands. The stock had previously closed at GBX 189.70.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TRST shares. Deutsche Bank Aktiengesellschaft upped their price target on Trustpilot Group from GBX 331 to GBX 343 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. UBS Group reissued a “buy” rating and issued a GBX 400 price objective on shares of Trustpilot Group in a research note on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Trustpilot Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 340.75.

Trustpilot Group Trading Up 10.0%

The company has a market cap of £573.87 million, a price-to-earnings ratio of -1.20 and a beta of 1.02. The business has a fifty day simple moving average of GBX 198.91 and a 200 day simple moving average of GBX 220.47. The company has a quick ratio of 1.71, a current ratio of 1.31 and a debt-to-equity ratio of 41.16.

Trustpilot Group announced that its board has approved a share repurchase program on Tuesday, September 16th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Trustpilot Group

In other news, insider Zillah Byng-Thorne purchased 108,116 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were acquired at an average price of GBX 138 per share, for a total transaction of £149,200.08. Also, insider Hanno Damm sold 238,976 shares of Trustpilot Group stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of GBX 222, for a total value of £530,526.72. Over the last three months, insiders purchased 276,294 shares of company stock valued at $49,244,233. Corporate insiders own 17.83% 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.