Trustpilot Group (LON:TRST) Trading Down 10.3% – Here’s Why

Trustpilot Group plc (LON:TRST) shares traded down 10.3% during trading on Monday . The stock traded as low as GBX 211.62 ($2.86) and last traded at GBX 211.62 ($2.86). 4,218,544 shares were traded during trading, an increase of 18% from the average session volume of 3,579,095 shares. The stock had previously closed at GBX 235.79 ($3.19).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 420 ($5.68) price objective on shares of Trustpilot Group in a report on Friday, May 23rd.

Trustpilot Group Price Performance

The firm’s fifty day simple moving average is GBX 223.20 and its 200 day simple moving average is GBX 273.69. The firm has a market cap of £1.11 billion, a P/E ratio of 70.21 and a beta of 1.02. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31.

Insider Buying and Selling at Trustpilot Group

In related news, insider Hanno Damm sold 39,902 shares of the stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of GBX 303 ($4.10), for a total value of £120,903.06 ($163,647.89). Also, insider Adrian Blair purchased 40,751 shares of the stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average cost of GBX 244 ($3.30) per share, with a total value of £99,432.44 ($134,586.41). Insiders own 8.24% 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.