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

Allianz Technology Trust (LON:ATT - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 419.45 ($5.15) and traded as high as GBX 440.97 ($5.42). Allianz Technology Trust shares last traded at GBX 434.50 ($5.34), with a volume of 545,819 shares trading hands.

Allianz Technology Trust Trading Down 3.2 %

The business has a fifty day moving average of GBX 420.35 and a 200-day moving average of GBX 384.26. The firm has a market cap of £1.65 billion, a PE ratio of 325.00 and a beta of 0.52.

Insider Activity

In related news, insider Lucy Costa bought 7,180 shares of the company's stock in a transaction on Friday, January 31st. The stock was acquired at an average cost of GBX 441 ($5.42) per share, for a total transaction of £31,663.80 ($38,903.80). Company insiders own 2.10% of the company's stock.

About Allianz Technology Trust

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.