Allianz Technology Trust (LON:ATT) Hits New 12-Month Low – What’s Next?

Allianz Technology Trust (LON:ATTGet Free Report) reached a new 52-week low on Thursday . The company traded as low as GBX 239.50 and last traded at GBX 519, with a volume of 825049 shares. The stock had previously closed at GBX 534.

Allianz Technology Trust Stock Up 0.4%

The business has a 50-day simple moving average of GBX 506.26 and a 200-day simple moving average of GBX 453.23. The company has a market cap of £1.89 billion, a PE ratio of 13.92 and a beta of 0.52.

Allianz Technology Trust (LON:ATTGet Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported GBX (0.42) EPS for the quarter. Allianz Technology Trust had a net margin of 98.24% and a return on equity of 34.32%.

Allianz Technology Trust Company Profile

(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.

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