Allianz Technology Trust (LON:ATT – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 348.20 ($4.51) and last traded at GBX 371 ($4.80), with a volume of 2136003 shares changing hands. The stock had previously closed at GBX 360.50 ($4.67).
Allianz Technology Trust Stock Performance
The business has a 50-day simple moving average of GBX 425.84 and a 200 day simple moving average of GBX 394.64. The firm has a market cap of £1.41 billion, a P/E ratio of 2.80 and a beta of 0.52.
Insider Activity at Allianz Technology Trust
In related news, insider Lucy Costa acquired 7,180 shares of the stock in a transaction on Friday, January 31st. The stock was acquired at an average cost of GBX 441 ($5.71) per share, for a total transaction of £31,663.80 ($40,994.04). 2.10% of the stock is owned by corporate insiders.
Allianz Technology Trust Company Profile
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.
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