Allianz Technology Trust (LON:ATT – Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 422.50 ($5.37) and last traded at GBX 421.50 ($5.36), with a volume of 862973 shares traded. The stock had previously closed at GBX 418 ($5.31).
Allianz Technology Trust Stock Up 0.6 %
The stock has a fifty day moving average price of GBX 387.79 and a two-hundred day moving average price of GBX 374.27. The company has a market cap of £1.63 billion, a price-to-earnings ratio of 319.32 and a beta of 0.52.
Insiders Place Their Bets
In related news, insider Simon Davis purchased 2,879 shares of Allianz Technology Trust stock in a transaction that occurred on Thursday, October 3rd. The shares were acquired at an average price of GBX 347 ($4.41) per share, with a total value of £9,990.13 ($12,700.39). Corporate insiders own 2.10% of the company’s stock.
Allianz Technology Trust Company Profile
Allianz Technology Trust PLC is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating in the technology, media, and telecoms sector. The fund invests in stocks of mid-cap and large-cap companies.
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