Amedeo Air Four Plus (LON:AA4) Sets New 52-Week High – Still a Buy?

Shares of Amedeo Air Four Plus (LON:AA4) reached a new 52-week high during trading on Monday . The company traded as high as GBX 61 ($0.74) and last traded at GBX 60 ($0.73), with a volume of 1225556 shares trading hands. The stock had previously closed at GBX 60.60 ($0.74).

Amedeo Air Four Plus Price Performance

The firm’s 50 day moving average is GBX 54.19 and its 200 day moving average is GBX 50.31. The company has a market cap of £182.34 million and a PE ratio of 352.94.

Amedeo Air Four Plus Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be paid a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a yield of 3.31%. Amedeo Air Four Plus’s dividend payout ratio is presently 4,117.65%.

Amedeo Air Four Plus Company Profile

Amedeo Air Four Plus Limited specializes in acquiring, leasing and selling aircraft. The fund seeks to use the net proceeds of placings and/or other equity capital raisings, together with debt facilities (or instruments), to acquire aircraft which will be leased to one or more major airlines.