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Allianz Technology Trust (LON:ATT) Stock Crosses Above Fifty Day Moving Average - Time to Sell?

Allianz Technology Trust logo with Financial Services background

Allianz Technology Trust (LON:ATT - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 359.82 ($4.85) and traded as high as GBX 395.50 ($5.33). Allianz Technology Trust shares last traded at GBX 385.50 ($5.19), with a volume of 600,893 shares trading hands.

Allianz Technology Trust Trading Down 0.0%

The stock has a 50 day simple moving average of GBX 360.79 and a 200-day simple moving average of GBX 395.86. The firm has a market cap of £1.51 billion, a P/E ratio of 2.99 and a beta of 0.52.

Allianz Technology Trust (LON:ATT - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The company reported GBX (1.12) (($0.02)) earnings per share 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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