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

Allianz Technology Trust (LON:ATT) posted its quarterly earnings data on Monday. The company reported GBX 249.85 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Allianz Technology Trust had a return on equity of 21.46% and a net margin of 96.52%.

Allianz Technology Trust Stock Performance

LON ATT opened at GBX 714.41 on Wednesday. Allianz Technology Trust has a 52 week low of GBX 439.56 and a 52 week high of GBX 764. The stock’s 50 day moving average price is GBX 714.52 and its two-hundred day moving average price is GBX 619.71. The stock has a market capitalization of £2.42 billion, a price-to-earnings ratio of 6.53 and a beta of 0.60.

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.

The Trust invests in mid to large technology companies.