Allianz Technology Trust (LON:ATT – Get Free Report) shares reached a new 52-week high on Tuesday. The company traded as high as GBX 783 and last traded at GBX 781, with a volume of 10519861 shares trading hands. The stock had previously closed at GBX 775.
Allianz Technology Trust Trading Down 0.4%
The firm has a market capitalization of £2.48 billion, a P/E ratio of 2.23 and a beta of 0.59. The company has a 50 day simple moving average of GBX 720 and a two-hundred day simple moving average of GBX 680.88.
Allianz Technology Trust (LON:ATT – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported GBX 249.85 earnings per share (EPS) for the quarter. Allianz Technology Trust had a net margin of 97.63% and a return on equity of 50.98%.
About Allianz Technology Trust
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. The team looks to identify major trends ahead of the crowd and invest in stocks that have the potential to be tomorrow’s Apple, Google or Microsoft.
The Trust invests in mid to large technology companies.
Further Reading
- Five stocks we like better than Allianz Technology Trust
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
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.
