Allianz Technology Trust (LON:ATT) Shares Pass Above Fifty Day Moving Average – What’s Next?

Allianz Technology Trust (LON:ATTGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 419.45 ($5.20) and traded as high as GBX 440.97 ($5.46). Allianz Technology Trust shares last traded at GBX 434.50 ($5.38), with a volume of 545,819 shares trading hands.

Allianz Technology Trust Trading Up 2.0 %

The firm has a 50-day simple moving average of GBX 420.35 and a 200-day simple moving average of GBX 384.56. The firm has a market cap of £1.70 billion, a P/E ratio of 335.61 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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