Allianz Technology Trust (LON:ATT) Issues Earnings Results

Allianz Technology Trust (LON:ATT) issued its quarterly earnings data on Thursday. The company reported GBX (1.12) (($0.01)) 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 Stock Down 0.8 %

ATT stock opened at GBX 368 ($4.77) on Thursday. The firm has a market cap of £1.40 billion, a PE ratio of 2.78 and a beta of 0.52. The business has a 50 day moving average of GBX 424.88 and a 200-day moving average of GBX 394.64. 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 news, insider Lucy Costa acquired 7,180 shares of Allianz Technology Trust stock in a transaction on Friday, January 31st. The stock was acquired at an average cost of GBX 441 ($5.72) per share, with a total value of £31,663.80 ($41,063.16). 2.10% of the stock is currently 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.