Allianz Technology Trust (LON:ATT – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 474.60 and last traded at GBX 657, with a volume of 681,889 shares. The stock had previously closed at GBX 658.
Allianz Technology Trust Trading Down 0.2%
The firm has a market cap of £2.07 billion, a price-to-earnings ratio of 1.89 and a beta of 0.52. The stock has a 50-day moving average of GBX 712.60 and a 200-day moving average of GBX 653.88.
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.
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