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

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

Allianz Technology Trust Price Performance

Allianz Technology Trust stock opened at GBX 542.10 on Wednesday. Allianz Technology Trust has a one year low of GBX 281.33 and a one year high of GBX 560. The business’s fifty day moving average is GBX 535.07 and its 200 day moving average is GBX 518.73. The stock has a market capitalization of £1.91 billion, a PE ratio of 14.48 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.