Allianz Technology Trust (LON:ATT) Sets New 12-Month High – Still a Buy?

Allianz Technology Trust (LON:ATTGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 406.80 and last traded at GBX 753, with a volume of 8672765 shares trading hands. The stock had previously closed at GBX 756.

Allianz Technology Trust Stock Up 0.4%

The company has a market capitalization of £2.51 billion, a P/E ratio of 6.71 and a beta of 0.67. The company’s 50-day simple moving average is GBX 676.58 and its 200 day simple moving average is GBX 582.89.

About Allianz Technology Trust

(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. The team looks to identify major trends ahead of the crowd and invest in stocks that have the potential to be tomorrow’s Apple, Google or Microsoft.

The Trust invests in mid to large technology companies.

Read More

Receive News & Ratings for Allianz Technology Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz Technology Trust and related companies with MarketBeat.com's FREE daily email newsletter.