Allianz Technology Trust (LON:ATT) Shares Pass Below 50-Day Moving Average of $216.01

Allianz Technology Trust PLC (LON:ATT – Get Rating) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 216.01 ($2.64) and traded as low as GBX 204.50 ($2.50). Allianz Technology Trust shares last traded at GBX 206 ($2.51), with a volume of 923,744 shares.

Allianz Technology Trust Price Performance

The stock’s fifty day moving average price is GBX 216.01 and its 200 day moving average price is GBX 225.33. The stock has a market capitalization of £840.01 million and a P/E ratio of 361.40.

Insider Transactions at Allianz Technology Trust

In related news, insider Neeta Patel purchased 241 shares of the business’s stock in a transaction dated Tuesday, January 10th. The shares were purchased at an average cost of GBX 206 ($2.51) per share, for a total transaction of £496.46 ($605.81). In other Allianz Technology Trust news, insider Neeta Patel bought 241 shares of the company’s stock in a transaction on Tuesday, January 10th. The shares were bought at an average cost of GBX 206 ($2.51) per share, for a total transaction of £496.46 ($605.81). Also, insider Tim Scholefield bought 2,600 shares of the company’s stock in a transaction on Tuesday, November 1st. The shares were acquired at an average price of GBX 230 ($2.81) per share, for a total transaction of £5,980 ($7,297.13). Over the last ninety days, insiders have purchased 3,303 shares of company stock worth $746,506.

About Allianz Technology Trust

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Allianz Technology Trust PLC is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating in the technology, media, and telecoms sector. The fund invests in stocks of mid-cap and large-cap companies.