Shares of Allianz Technology Trust (LON:ATT – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 653.88 and traded as high as GBX 660. Allianz Technology Trust shares last traded at GBX 658, with a volume of 686,247 shares traded.
Allianz Technology Trust Stock Performance
The company has a 50 day moving average of GBX 711.88 and a two-hundred day moving average of GBX 654.45. The stock has a market capitalization of £2.01 billion, a PE ratio of 1.83 and a beta of 0.52.
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.
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