Trustpilot Group (LON:TRST) Trading 0.1% Higher – What’s Next?

Shares of Trustpilot Group plc (LON:TRST) were up 0.1% during trading on Thursday . The company traded as high as GBX 151.70 and last traded at GBX 148.30. Approximately 3,681,777 shares traded hands during trading, a decline of 62% from the average daily volume of 9,643,887 shares. The stock had previously closed at GBX 148.20.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 290 target price on shares of Trustpilot Group in a research note on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 330.60.

Trustpilot Group Price Performance

The company has a market cap of £589.78 million, a P/E ratio of -1.27 and a beta of 0.73. The stock has a 50-day simple moving average of GBX 170.24 and a 200 day simple moving average of GBX 187.66. The company has a debt-to-equity ratio of 65.07, a quick ratio of 1.71 and a current ratio of 0.97.

Insider Buying and Selling

In other Trustpilot Group news, insider Adrian Blair purchased 95,296 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were purchased at an average price of GBX 157 per share, for a total transaction of £149,614.72. 18.36% of the stock is currently owned by company insiders.

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.