Free Trial

Allianz Technology Trust (LON:ATT) Stock Passes Below 50 Day Moving Average - Time to Sell?

Allianz Technology Trust logo with Financial Services background
Remove Ads

Allianz Technology Trust (LON:ATT - Get Free Report)'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 416.82 ($5.40) and traded as low as GBX 386 ($5.00). Allianz Technology Trust shares last traded at GBX 389.28 ($5.04), with a volume of 3,834,739 shares trading hands.

Allianz Technology Trust Stock Performance

The firm has a fifty day simple moving average of GBX 413.27 and a two-hundred day simple moving average of GBX 396.81. The firm has a market cap of £1.37 billion, a PE ratio of 2.73 and a beta of 0.52.

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

Insider Buying and Selling at Allianz Technology Trust

In related news, insider Lucy Costa bought 7,180 shares of the stock in a transaction dated Friday, January 31st. The stock was purchased at an average cost of GBX 441 ($5.71) per share, with a total value of £31,663.80 ($40,983.43). Company 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.

Recommended Stories

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 Top Nuclear Stocks To Buy Now Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

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