Allianz Technology Trust (LON:ATT) Stock Crosses Above 50 Day Moving Average of $346.40

Allianz Technology Trust PLC (LON:ATT)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 346.40 ($4.35) and traded as high as GBX 353.50 ($4.44). Allianz Technology Trust shares last traded at GBX 353 ($4.43), with a volume of 765,961 shares traded.

Allianz Technology Trust Trading Up 2.2 %

The stock has a market capitalization of £1.22 billion, a P/E ratio of 333.02 and a beta of 0.59. The company has a 50-day moving average price of GBX 346.68 and a two-hundred day moving average price of GBX 312.63.

Insider Buying and Selling

In other Allianz Technology Trust news, insider Simon Davis purchased 2,800 shares of the company’s stock in a transaction on Wednesday, March 27th. The shares were purchased at an average cost of GBX 356 ($4.47) per share, with a total value of £9,968 ($12,521.04). 2.01% of the stock is currently owned by insiders.

About Allianz Technology Trust

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.