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Allianz Technology Trust (LON:ATT) Stock Passes Above 50-Day Moving Average - What's Next?

Allianz Technology Trust logo with Financial Services background

Allianz Technology Trust (LON:ATT - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 389.44 ($5.35) and traded as high as GBX 425.50 ($5.85). Allianz Technology Trust shares last traded at GBX 424 ($5.83), with a volume of 709,100 shares traded.

Allianz Technology Trust Stock Down 1.1%

The company's 50-day moving average price is GBX 393.37 and its 200-day moving average price is GBX 397.09. The firm has a market cap of £1.59 billion, a price-to-earnings ratio of 3.17 and a beta of 0.52.

Allianz Technology Trust Company Profile

(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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