Allianz Technology Trust (LON:ATT) Releases Earnings Results

Allianz Technology Trust (LON:ATT) issued its quarterly earnings data on Monday. The company reported GBX (1.11) EPS for the quarter, Digital Look Earnings reports. Allianz Technology Trust had a return on equity of 8.06% and a net margin of 91.71%.

Allianz Technology Trust Price Performance

Shares of Allianz Technology Trust stock opened at GBX 531.97 on Tuesday. Allianz Technology Trust has a 1 year low of GBX 281.33 and a 1 year high of GBX 560. The firm has a market cap of £1.88 billion, a PE ratio of 14.21 and a beta of 0.60. The company has a 50 day simple moving average of GBX 535.11 and a two-hundred day simple moving average of GBX 518.21.

Allianz Technology Trust Company Profile

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.