Allianz Technology Trust (LON:ATT – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as GBX 406.80 and last traded at GBX 753, with a volume of 8672765 shares changing hands. The stock had previously closed at GBX 756.
Allianz Technology Trust Stock Performance
The firm’s 50-day simple moving average is GBX 669.36 and its 200-day simple moving average is GBX 579.75. The company has a market capitalization of £2.58 billion, a price-to-earnings ratio of 6.88 and a beta of 0.67.
Allianz Technology Trust Company Profile
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.
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