Allianz Technology Trust (LON:ATT) Hits New 52-Week High – What’s Next?

Allianz Technology Trust (LON:ATT) reached a new 52-week high during trading on Monday . The company traded as high as GBX 430 ($5.36) and last traded at GBX 430 ($5.36), with a volume of 79463 shares changing hands. The stock had previously closed at GBX 426 ($5.31).

Allianz Technology Trust Stock Down 0.5 %

The business’s 50 day moving average is GBX 404.13 and its 200 day moving average is GBX 380.70. The company has a market cap of £1.63 billion, a P/E ratio of 321.12 and a beta of 0.52.

Allianz Technology Trust Company Profile

Allianz Technology Trust PLC is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating in the technology, media, and telecoms sector. The fund invests in stocks of mid-cap and large-cap companies.