Allianz Technology Trust (LON:ATT) Announces Earnings Results

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

Allianz Technology Trust Price Performance

LON ATT traded down GBX 2 ($0.03) during trading hours on Thursday, hitting GBX 369 ($4.79). The company’s stock had a trading volume of 511,398 shares, compared to its average volume of 1,477,462. The company’s 50 day simple moving average is GBX 424.88 and its two-hundred day simple moving average is GBX 394.64. The company has a market cap of £1.40 billion, a P/E ratio of 2.79 and a beta of 0.52. Allianz Technology Trust has a 12 month low of GBX 306 ($3.97) and a 12 month high of GBX 459 ($5.95).

Insider Activity

In other Allianz Technology Trust news, insider Lucy Costa acquired 7,180 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were bought at an average price of GBX 441 ($5.72) per share, with a total value of £31,663.80 ($41,063.16). 2.10% of the stock is owned by corporate 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.