Trustpilot Group (LON:TRST) Stock Price Down 18.6% – Should You Sell?

Shares of Trustpilot Group plc (LON:TRSTGet Free Report) were down 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 traded hands during trading, a decline of 47% from the average session volume of 10,674,451 shares. The stock had previously closed at GBX 261.80.

Wall Street Analyst Weigh In

TRST has been the subject of several recent analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 315 target price on shares of Trustpilot Group in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 375 price objective on shares of Trustpilot Group in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Trustpilot Group has a consensus rating of “Buy” and an average price target of GBX 351.25.

Read Our Latest Stock Report on TRST

Trustpilot Group Price Performance

The company has a fifty day moving average price of GBX 272.83 and a two-hundred day moving average price of GBX 243.93. The company has a current ratio of 0.40, a quick ratio of 1.71 and a debt-to-equity ratio of -45.48. The company has a market cap of £845.35 million, a price-to-earnings ratio of 122.11 and a beta of 0.51.

Insider Buying and Selling at Trustpilot Group

In other Trustpilot Group news, insider Adrian Blair bought 99,381 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were acquired at an average price of GBX 217 per share, with a total value of £215,656.77. Company insiders own 13.53% of the company’s stock.

About Trustpilot Group

(Get Free Report)

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.

Further Reading

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