Allianz Technology Trust (LON:ATT – Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 431.73 ($5.47) and traded as low as GBX 403 ($5.11). Allianz Technology Trust shares last traded at GBX 406 ($5.15), with a volume of 1,696,886 shares.
Allianz Technology Trust Price Performance
The firm has a market cap of £1.57 billion, a P/E ratio of 3.12 and a beta of 0.52. The stock’s 50 day moving average is GBX 431.73 and its two-hundred day moving average is GBX 392.36.
Insider Activity
In related news, insider Lucy Costa acquired 7,180 shares of the firm’s stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average cost of GBX 441 ($5.59) per share, with a total value of £31,663.80 ($40,131.56). 2.10% of the stock is currently owned by corporate insiders.
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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