Allianz Technology Trust (LON:ATT) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Shares of Allianz Technology Trust (LON:ATTGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 394.96 ($4.95) and traded as high as GBX 424 ($5.31). Allianz Technology Trust shares last traded at GBX 421 ($5.28), with a volume of 160,515 shares trading hands.

Allianz Technology Trust Stock Up 0.3 %

The firm’s 50-day moving average price is GBX 396.09 and its 200 day moving average price is GBX 377.81. The firm has a market cap of £1.62 billion, a P/E ratio of 319.83 and a beta of 0.52.

Insider Activity at Allianz Technology Trust

In other news, insider Simon Davis bought 2,879 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were purchased at an average cost of GBX 347 ($4.35) per share, with a total value of £9,990.13 ($12,518.96). Company insiders own 2.10% of the company’s stock.

About Allianz Technology Trust

(Get Free Report)

Allianz Technology Trust PLC is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating in the technology, media, and telecoms sector. The fund invests in stocks of mid-cap and large-cap companies.

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