Trustpilot Group (LON:TRST) Trading Down 18.6% – Here’s Why

Trustpilot Group plc (LON:TRST) dropped 18.6% on Tuesday . The stock traded as low as GBX 206.60 and last traded at GBX 213. Approximately 5,668,051 shares were traded 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.

Trustpilot Group Stock Performance

The firm has a 50 day moving average of GBX 274.94 and a two-hundred day moving average of GBX 242.91. 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 stock has a market cap of £819.20 million, a PE ratio of 118.33 and a beta of 0.51.

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.