Allianz Technology Trust (LON:ATT) Sets New 52-Week High – Here’s What Happened

Allianz Technology Trust (LON:ATT) hit a new 52-week high during trading on Friday . The company traded as high as GBX 437 ($5.35) and last traded at GBX 436.40 ($5.34), with a volume of 485623 shares changing hands. The stock had previously closed at GBX 433.50 ($5.30).

Allianz Technology Trust Trading Up 0.3 %

The firm has a market cap of £1.67 billion, a price-to-earnings ratio of 329.55 and a beta of 0.52. The stock has a fifty day moving average price of GBX 410.91 and a 200 day moving average price of GBX 381.91.

About Allianz Technology Trust

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.