Allianz Technology Trust (LON:ATT – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 334.40 ($4.24) and last traded at GBX 416 ($5.27), with a volume of 893637 shares traded. The stock had previously closed at GBX 406 ($5.15).
Allianz Technology Trust Stock Up 2.5 %
The business has a 50 day moving average of GBX 431.73 and a 200 day moving average of GBX 392.36. The company has a market capitalization of £1.58 billion, a P/E ratio of 3.14 and a beta of 0.52.
Insider Activity
In other news, insider Lucy Costa acquired 7,180 shares of Allianz Technology Trust stock in a transaction on Friday, January 31st. The shares were bought at an average cost of GBX 441 ($5.59) per share, for a total transaction of £31,663.80 ($40,131.56). Corporate insiders own 2.10% of the company’s stock.
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.
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