Allianz Technology Trust (LON:ATT) Stock Price Crosses Below 50-Day Moving Average of $345.33

Allianz Technology Trust PLC (LON:ATT)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 345.33 ($4.27) and traded as low as GBX 331.50 ($4.09). Allianz Technology Trust shares last traded at GBX 335 ($4.14), with a volume of 1,010,858 shares trading hands.

Allianz Technology Trust Stock Up 3.7 %

The firm has a 50 day simple moving average of GBX 345.24 and a 200-day simple moving average of GBX 309.23. The stock has a market cap of £1.20 billion, a P/E ratio of 327.83 and a beta of 0.59.

Insider Buying and Selling at Allianz Technology Trust

In other Allianz Technology Trust news, insider Simon Davis acquired 2,800 shares of the company’s stock in a transaction on Wednesday, March 27th. The shares were purchased at an average price of GBX 356 ($4.40) per share, for a total transaction of £9,968 ($12,312.25). Corporate insiders own 2.01% of the company’s stock.

Allianz Technology Trust Company Profile

Allianz Technology Trust PLC is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating in the technology, media, and telecoms sector. The fund invests in stocks of mid-cap and large-cap companies.