Allianz Technology Trust (LON:ATT) Stock Crosses Above 50 Day Moving Average of $345.11

Allianz Technology Trust (LON:ATT)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 345.11 ($4.30) and traded as high as GBX 350.49 ($4.36). Allianz Technology Trust shares last traded at GBX 344 ($4.28), with a volume of 582,033 shares traded.

Allianz Technology Trust Stock Performance

The stock’s 50 day simple moving average is GBX 345.11 and its 200-day simple moving average is GBX 306.38. The firm has a market cap of £1.18 billion, a price-to-earnings ratio of 322.64 and a beta of 0.59.

Insider Activity at Allianz Technology Trust

In other news, insider Simon Davis purchased 2,800 shares of the stock in a transaction on Wednesday, March 27th. The stock was bought at an average price of GBX 356 ($4.43) per share, with a total value of £9,968 ($12,408.81). In other Allianz Technology Trust news, insider Simon Davis acquired 2,800 shares of the firm’s stock in a transaction on Wednesday, March 27th. The stock was acquired at an average cost of GBX 356 ($4.43) per share, for a total transaction of £9,968 ($12,408.81). Also, insider Ekaterina (Katya) Thomson acquired 5,000 shares of the business’s stock in a transaction dated Friday, January 26th. The stock was acquired at an average price of GBX 322 ($4.01) per share, for a total transaction of £16,100 ($20,042.33). 2.01% of the stock is owned by insiders.

Allianz Technology Trust Company Profile

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.