Allianz Technology Trust (LON:ATT) Hits New 1-Year High – What’s Next?

Allianz Technology Trust (LON:ATTGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 422.50 ($5.37) and last traded at GBX 421.50 ($5.36), with a volume of 862973 shares changing hands. The stock had previously closed at GBX 418 ($5.31).

Allianz Technology Trust Stock Performance

The firm has a market capitalization of £1.63 billion, a P/E ratio of 319.32 and a beta of 0.52. The firm’s 50-day moving average is GBX 387.79 and its 200 day moving average is GBX 374.27.

Insider Activity

In other news, insider Simon Davis bought 2,879 shares of the business’s stock in a transaction that occurred on Thursday, October 3rd. The stock was acquired at an average cost of GBX 347 ($4.41) per share, for a total transaction of £9,990.13 ($12,700.39). 2.10% of the stock is currently owned by insiders.

Allianz Technology Trust Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Allianz Technology Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz Technology Trust and related companies with MarketBeat.com's FREE daily email newsletter.