Shares of Allianz Technology Trust (LON:ATT – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 703.15 and last traded at GBX 700, with a volume of 304458 shares changing hands. The stock had previously closed at GBX 693.
Allianz Technology Trust Price Performance
The stock has a 50-day simple moving average of GBX 600.28 and a 200-day simple moving average of GBX 554.24. The stock has a market cap of £2.47 billion, a PE ratio of 6.56 and a beta of 0.67.
Allianz Technology Trust (LON:ATT – Get Free Report) last posted its quarterly earnings results on Monday, March 16th. The company reported GBX (1.11) earnings per share (EPS) for the quarter. Allianz Technology Trust had a net margin of 96.52% and a return on equity of 21.46%.
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. The team looks to identify major trends ahead of the crowd and invest in stocks that have the potential to be tomorrow’s Apple, Google or Microsoft.
The Trust invests in mid to large technology companies.
See Also
- Five stocks we like better than Allianz Technology Trust
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Receive News & Ratings for Allianz Technology Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz Technology Trust and related companies with MarketBeat.com's FREE daily email newsletter.
