Allianz Technology Trust (LON: ATT) recently crossed above its 50-day moving average during Thursday’s trading session. The stock has a 50-day moving average of GBX 351.25 ($4.49) and reached as high as GBX 360.50 ($4.60). Allianz Technology Trust shares were last traded at GBX 352 ($4.50), with a trading volume of 481,981 shares.
Allianz Technology Trust PLC is a closed-ended equity mutual fund managed by Allianz Global Investors GmbH. The fund invests in the public equity markets globally, focusing on technology, media, and telecoms sectors. It primarily invests in mid-cap and large-cap companies. The firm’s fifty-day moving average price is GBX 351.25 and its 200-day moving average price is GBX 325.86. Allianz Technology Trust has a market cap of £1.21 billion, a price-to-earnings ratio of 332.08, and a beta of 0.59.
In insider news, Simon Davis, an insider, recently acquired 2,800 shares of the company’s stock in a transaction on Wednesday, March 27th
