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

Allianz Technology Trust (LON:ATT - Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 361.21 ($4.90) and traded as high as GBX 395.50 ($5.36). Allianz Technology Trust shares last traded at GBX 391.22 ($5.30), with a volume of 406,668 shares changing hands.

Allianz Technology Trust Trading Up 0.5%

The stock has a market cap of £1.54 billion, a price-to-earnings ratio of 3.06 and a beta of 0.52. The stock has a fifty day simple moving average of GBX 361.76 and a 200-day simple moving average of GBX 395.92.

Allianz Technology Trust (LON:ATT - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported GBX (1.12) (($0.02)) earnings per share (EPS) for the quarter. Allianz Technology Trust had a net margin of 98.24% and a return on equity of 34.32%.

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.