Allianz Technology Trust (LON:ATT) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Allianz Technology Trust (LON:ATT) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 507.90 and traded as high as GBX 509. Allianz Technology Trust shares last traded at GBX 504, with a volume of 2,448,385 shares.

Allianz Technology Trust Stock Down 0.3%

The firm has a market capitalization of £1.83 billion, a price-to-earnings ratio of 13.42 and a beta of 0.52. The company’s fifty day moving average is GBX 507.90 and its two-hundred day moving average is GBX 456.57.

Allianz Technology Trust Company Profile

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.