Allianz Technology Trust (LON:ATT) Hits New 52-Week High – What’s Next?

Allianz Technology Trust (LON:ATTGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 422.50 ($5.28) and last traded at GBX 421.50 ($5.27), with a volume of 862973 shares. The stock had previously closed at GBX 418 ($5.22).

Allianz Technology Trust Trading Down 2.9 %

The business has a fifty day moving average price of GBX 390.22 and a two-hundred day moving average price of GBX 375.05. The firm has a market capitalization of £1.54 billion, a PE ratio of 304.17 and a beta of 0.52.

Insiders Place Their Bets

In other news, insider Simon Davis bought 2,879 shares of the business’s stock in a transaction on Thursday, October 3rd. The shares were bought at an average price of GBX 347 ($4.34) per share, with a total value of £9,990.13 ($12,486.10). 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.

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