Trustpilot Group (LON:TRST) Stock Price Up 2% – Time to Buy?

Trustpilot Group plc (LON:TRST) shares rose 2% on Wednesday . The company traded as high as GBX 275.50 ($3.37) and last traded at GBX 274.50 ($3.36). Approximately 1,271,539 shares changed hands during trading, a decline of 82% from the average daily volume of 6,919,241 shares. The stock had previously closed at GBX 269 ($3.29).

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 company has a 50-day moving average of GBX 290.86 and a 200-day moving average of GBX 243.46. The stock has a market capitalization of £1.14 billion, a price-to-earnings ratio of 9,150.00 and a beta of 1.02.

Insiders Place Their Bets

In other news, insider Zillah Byng-Thorne purchased 39,200 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of GBX 252 ($3.08) per share, with a total value of £98,784 ($120,910.65). 8.24% of the stock is currently owned by company 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.