Allianz Technology Trust (LON:ATT) Reaches New 1-Year High – Should You Buy?

Allianz Technology Trust (LON:ATTGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 447 ($5.58) and last traded at GBX 447 ($5.58), with a volume of 798112 shares. The stock had previously closed at GBX 435 ($5.43).

Allianz Technology Trust Price Performance

The company has a market capitalization of £1.71 billion, a P/E ratio of 337.12 and a beta of 0.52. The company has a fifty day moving average price of GBX 416.46 and a two-hundred day moving average price of GBX 383.75.

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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