Allianz Technology Trust (LON:ATT – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 399.30 and last traded at GBX 742, with a volume of 4431623 shares trading hands. The stock had previously closed at GBX 755.
Allianz Technology Trust Trading Down 1.7%
The firm’s 50-day moving average is GBX 652.43 and its 200-day moving average is GBX 573.36. The firm has a market cap of £2.54 billion, a price-to-earnings ratio of 6.78 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%.
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. 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.
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