Trustpilot Group (LON:TRST) Shares Down 18.6% – What’s Next?

Shares of Trustpilot Group plc (LON:TRST) fell 18.6% during mid-day trading on Tuesday . The company traded as low as GBX 206.60 and last traded at GBX 213. Approximately 5,668,051 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 10,674,451 shares. The stock had previously closed at GBX 261.80.

Trustpilot Group Stock Performance

The stock’s 50-day simple moving average is GBX 274.94 and its 200 day simple moving average is GBX 242.91. The company has a market capitalization of £819.20 million, a PE ratio of 118.33 and a beta of 0.51. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57.

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.