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Allianz Technology Trust (LON:ATT) Shares Cross Above Fifty Day Moving Average - Should You Sell?

Allianz Technology Trust logo with Financial Services background

Shares of Allianz Technology Trust (LON:ATT - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 356.77 ($4.74) and traded as high as GBX 402.50 ($5.35). Allianz Technology Trust shares last traded at GBX 402.50 ($5.35), with a volume of 447,167 shares trading hands.

Allianz Technology Trust Stock Down 0.4%

The business's 50-day simple moving average is GBX 357.58 and its 200-day simple moving average is GBX 395.16. The stock has a market cap of £1.52 billion, a PE ratio of 3.03 and a beta of 0.52.

Allianz Technology Trust (LON:ATT - Get Free Report) last released its quarterly earnings results on Thursday, March 13th. The company reported GBX (1.12) (($0.01)) earnings per share (EPS) for the quarter. Allianz Technology Trust had a return on equity of 34.32% and a net margin of 98.24%.

About Allianz Technology Trust

(Get Free Report)

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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