Allianz Technology Trust (LON:ATT) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Allianz Technology Trust (LON:ATTGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 394.96 ($4.95) and traded as high as GBX 424 ($5.32). Allianz Technology Trust shares last traded at GBX 421 ($5.28), with a volume of 160,515 shares changing hands.

Allianz Technology Trust Stock Performance

The business’s fifty day moving average price is GBX 394.96 and its two-hundred day moving average price is GBX 377.30. The firm has a market capitalization of £1.62 billion, a P/E ratio of 318.94 and a beta of 0.52.

Insider Buying and Selling at Allianz Technology Trust

In other Allianz Technology Trust news, insider Simon Davis purchased 2,879 shares of the company’s stock in a transaction dated Thursday, October 3rd. The shares were acquired at an average price of GBX 347 ($4.35) per share, for a total transaction of £9,990.13 ($12,529.95). 2.10% of the stock is owned by insiders.

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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