Allianz Technology Trust (LON:ATT - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 372.13 ($4.93) and traded as low as GBX 312.84 ($4.15). Allianz Technology Trust shares last traded at GBX 322 ($4.27), with a volume of 1,574,133 shares.
Allianz Technology Trust Price Performance
The company has a market capitalization of £1.26 billion, a price-to-earnings ratio of 2.50 and a beta of 0.52. The firm's fifty day moving average price is GBX 372.13 and its 200-day moving average price is GBX 394.46.
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 related news, insider Lucy Costa bought 7,180 shares of the business's stock in a transaction on Friday, January 31st. The shares were purchased at an average cost of GBX 441 ($5.84) per share, with a total value of £31,663.80 ($41,955.48). Insiders own 2.10% of the company's stock.
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.
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