Allianz Technology Trust (LON:ATT) Releases Earnings Results

Allianz Technology Trust (LON:ATT) announced its quarterly earnings results on Thursday. The company reported GBX (1.12) (($0.01)) earnings per share for the quarter, Digital Look Earnings reports. Allianz Technology Trust had a net margin of 98.24% and a return on equity of 34.32%.

Allianz Technology Trust Stock Down 0.5 %

Shares of LON:ATT traded down GBX 2 ($0.03) during midday trading on Thursday, hitting GBX 369 ($4.79). 511,398 shares of the stock traded hands, compared to its average volume of 1,477,462. The business’s 50 day moving average is GBX 424.88 and its two-hundred day moving average is GBX 394.64. The stock has a market capitalization of £1.40 billion, a PE ratio of 2.79 and a beta of 0.52. Allianz Technology Trust has a one year low of GBX 306 ($3.97) and a one year high of GBX 459 ($5.95).

Insider Activity at Allianz Technology Trust

In other news, insider Lucy Costa bought 7,180 shares of the stock in a transaction dated Friday, January 31st. The stock was bought at an average price of GBX 441 ($5.72) per share, for a total transaction of £31,663.80 ($41,063.16). 2.10% of the stock is owned by company insiders.

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.