Trustpilot Group (LON:TRST) Hits New 1-Year High – Should You Buy?

Trustpilot Group plc (LON:TRST) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 291.10 and last traded at GBX 291.10, with a volume of 1362959 shares changing hands. The stock had previously closed at GBX 279.60.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TRST. UBS Group restated a “buy” rating and set a GBX 410 target price on shares of Trustpilot Group in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 375 target price on shares of Trustpilot Group in a research note on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 351.25.

Trustpilot Group Trading Up 0.8%

The company has a debt-to-equity ratio of -269.41, a current ratio of 0.57 and a quick ratio of 1.71. The firm has a market capitalization of £1.13 billion, a P/E ratio of 163.22 and a beta of 0.51. The business’s 50-day moving average is GBX 258.04 and its 200 day moving average is GBX 222.10.

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.