Free Trial

Allianz Technology Trust (LON:ATT) Hits New 12-Month High - What's Next?

Allianz Technology Trust logo with Financial Services background
Remove Ads

Shares of Allianz Technology Trust (LON:ATT - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 358.80 ($4.63) and last traded at GBX 372.32 ($4.81), with a volume of 1646836 shares. The stock had previously closed at GBX 375 ($4.84).

Allianz Technology Trust Trading Down 0.7 %

The company has a market cap of £1.42 billion, a PE ratio of 2.83 and a beta of 0.52. The company's 50 day moving average is GBX 417.88 and its 200 day moving average is GBX 395.16.

Allianz Technology Trust (LON:ATT - Get Free Report) last issued its earnings results on Thursday, March 13th. The company reported GBX (1.12) (($0.01)) earnings per share (EPS) for the quarter. Allianz Technology Trust had a return on equity of 34.32% and a net margin of 98.24%.

Insiders Place Their Bets

In other news, insider Lucy Costa purchased 7,180 shares of the stock in a transaction dated Friday, January 31st. The shares were acquired at an average cost of GBX 441 ($5.69) per share, for a total transaction of £31,663.80 ($40,882.89). 2.10% of the stock is owned by company insiders.

About Allianz Technology Trust

(Get Free Report)

Allianz Technology Trust is managed by the highly experienced AllianzGI Global Technology team based in San Francisco. The team benefits from its close proximity to Silicon Valley where many of the world's key technology companies are headquartered. The Trust is a UK listed closed-end fund which aims to achieve long-term capital growth by investing principally in technology companies globally.

Further Reading

Should You Invest $1,000 in Allianz Technology Trust Right Now?

Before you consider Allianz Technology Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allianz Technology Trust wasn't on the list.

While Allianz Technology Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

5 International Stocks to Escape U.S. Market Volatility
MicroStrategy’s Bold Bitcoin Bet: Genius Move or Dangerous Gamble?
5 Big Reasons the S&P 500 Could Soar in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads