Allianz Technology Trust (LON:ATT – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday. The stock traded as high as GBX 474.60 and last traded at GBX 657, with a volume of 681,889 shares trading hands. The stock had previously closed at GBX 658.
Allianz Technology Trust Stock Down 0.2%
The firm’s 50 day simple moving average is GBX 712.60 and its 200 day simple moving average is GBX 653.88. The company has a market cap of £2.07 billion, a price-to-earnings ratio of 1.89 and a beta of 0.52.
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.
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