Shares of Allianz Technology Trust (LON:ATT – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 703.15 and last traded at GBX 700, with a volume of 304458 shares. The stock had previously closed at GBX 693.
Allianz Technology Trust Trading Up 0.7%
The stock has a market capitalization of £2.40 billion, a P/E ratio of 6.38 and a beta of 0.67. The stock has a 50 day moving average of GBX 593.14 and a 200-day moving average of GBX 551.72.
Allianz Technology Trust (LON:ATT – Get Free Report) last issued its earnings results on Monday, March 16th. The company reported GBX (1.11) earnings per share for the quarter. Allianz Technology Trust had a net margin of 96.52% and a return on equity of 21.46%.
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. 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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