Trustpilot Group (LON:TRST) Hits New 52-Week High – What’s Next?

Trustpilot Group plc (LON:TRST)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 299.80 and last traded at GBX 291, with a volume of 1608098 shares. The stock had previously closed at GBX 298.20.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 375 price target on shares of Trustpilot Group in a research note on Thursday, May 7th. UBS Group restated a “buy” rating and set a GBX 410 price objective on shares of Trustpilot Group in a research report on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 351.25.

Trustpilot Group Trading Down 0.5%

The business’s fifty day moving average is GBX 261.80 and its 200-day moving average is GBX 224.27. The firm has a market cap of £1.07 billion, a P/E ratio of 153.78 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.