Allianz Technology Trust (LON:ATT) Announces Quarterly Earnings Results

Allianz Technology Trust (LON:ATT) issued its quarterly earnings results on Monday. The company reported GBX (1.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Allianz Technology Trust had a return on equity of 8.06% and a net margin of 91.71%.

Allianz Technology Trust Stock Performance

Shares of LON ATT opened at GBX 531.97 on Tuesday. Allianz Technology Trust has a 52-week low of GBX 281.33 and a 52-week high of GBX 560. The firm has a market capitalization of £1.88 billion, a price-to-earnings ratio of 14.21 and a beta of 0.60. The stock has a 50 day moving average price of GBX 535.11 and a 200 day moving average price of GBX 518.21.

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.