Allianz Technology Trust (LON:ATT) Announces Quarterly Earnings Results

Allianz Technology Trust (LON:ATTGet Free Report) issued its earnings results on Monday. The company reported GBX 249.85 EPS for the quarter, Digital Look Earnings reports. Allianz Technology Trust had a return on equity of 21.46% and a net margin of 96.52%.

Allianz Technology Trust Price Performance

ATT stock opened at GBX 700.62 on Tuesday. The stock has a market cap of £2.37 billion, a price-to-earnings ratio of 6.40 and a beta of 0.60. Allianz Technology Trust has a 1 year low of GBX 439.56 and a 1 year high of GBX 764. The company has a 50 day simple moving average of GBX 714.42 and a 200 day simple moving average of GBX 618.49.

About Allianz Technology Trust

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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. The team looks to identify major trends ahead of the crowd and invest in stocks that have the potential to be tomorrow’s Apple, Google or Microsoft.

The Trust invests in mid to large technology companies.

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