Allianz Technology Trust (LON:ATT) Posts Earnings Results

Key Points

• Allianz Technology Trust reported a quarterly earnings per share (EPS) of GBX (0.42) ($0.01) with a net margin of 98.24% and a return on equity of 34.32%.
• Shares of Allianz Technology Trust (LON:ATT) fell by 0.1%, trading at GBX 462 ($6.21) on Tuesday, with a market cap of £1.76 billion.
• The Trust seeks long-term capital growth by investing primarily in global technology companies and is managed by the AllianzGI Global Technology team based in San Francisco.

Allianz Technology Trust (LON:ATT - Get Free Report) released its earnings results on Monday. The company reported GBX (0.42) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Allianz Technology Trust had a return on equity of 34.32% and a net margin of 98.24%.

Allianz Technology Trust Trading Up 0.9%

Shares of ATT traded up GBX 4 ($0.05) during mid-day trading on Thursday, reaching GBX 466 ($6.30). The company's stock had a trading volume of 765,721 shares, compared to its average volume of 1,095,437. Allianz Technology Trust has a 1-year low of GBX 281.33 ($3.81) and a 1-year high of GBX 478 ($6.47). The stock has a market cap of £1.77 billion, a P/E ratio of 3.52 and a beta of 0.52. The business has a 50-day simple moving average of GBX 436.27 and a two-hundred day simple moving average of GBX 402.72.

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.