Trustpilot Group (LON:TRST) Shares Up 0.8% – Here’s Why

Trustpilot Group plc (LON:TRST) shares traded up 0.8% during mid-day trading on Wednesday . The company traded as high as GBX 321.50 ($4.08) and last traded at GBX 318 ($4.03). 808,719 shares changed hands during trading, a decline of 75% from the average session volume of 3,223,969 shares. The stock had previously closed at GBX 315.50 ($4.00).

Trustpilot Group Stock Performance

The firm’s 50-day moving average price is GBX 319.77 and its 200-day moving average price is GBX 269.78. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.31 and a quick ratio of 1.71. The stock has a market cap of £1.64 billion, a P/E ratio of 103.76 and a beta of 1.02.

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.