Allianz Technology Trust (LON:ATT) Shares Cross Below Fifty Day Moving Average of $345.33

Allianz Technology Trust PLC (LON:ATTGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 345.33 ($4.27) and traded as low as GBX 331.50 ($4.09). Allianz Technology Trust shares last traded at GBX 335 ($4.14), with a volume of 1,010,858 shares.

Allianz Technology Trust Price Performance

The firm has a market cap of £1.19 billion, a price-to-earnings ratio of 316.04 and a beta of 0.59. The firm has a fifty day simple moving average of GBX 345.33 and a two-hundred day simple moving average of GBX 309.05.

Insiders Place Their Bets

In other Allianz Technology Trust news, insider Simon Davis purchased 2,800 shares of the stock in a transaction on Wednesday, March 27th. The stock was acquired at an average price of GBX 356 ($4.40) per share, with a total value of £9,968 ($12,312.25). Corporate insiders own 2.01% of the company’s stock.

About Allianz Technology Trust

(Get Free Report)

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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