Allianz Technology Trust (LON:ATT) Stock Price Passes Above 50 Day Moving Average - What's Next?

Shares of Allianz Technology Trust (LON:ATT - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 364.78 ($4.62) and traded as high as GBX 392.32 ($4.96). Allianz Technology Trust shares last traded at GBX 390 ($4.93), with a volume of 471,436 shares changing hands.

Allianz Technology Trust Trading Down 0.6 %

The stock has a market cap of £1.49 billion, a price-to-earnings ratio of 293.56 and a beta of 0.52. The stock has a fifty day simple moving average of GBX 366.10 and a 200-day simple moving average of GBX 367.84.

Insider Activity at Allianz Technology Trust

In other Allianz Technology Trust news, insider Simon Davis purchased 2,879 shares of the company's stock in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average price of GBX 347 ($4.39) per share, with a total value of £9,990.13 ($12,640.93). Corporate insiders own 2.10% of the company's stock.

Allianz Technology Trust Company Profile

Allianz Technology Trust PLC is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating in the technology, media, and telecoms sector. The fund invests in stocks of mid-cap and large-cap companies.