Amedeo Air Four Plus (LON:AA4) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Amedeo Air Four Plus (LON:AA4) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 58.37 ($0.73) and traded as high as GBX 60.80 ($0.77). Amedeo Air Four Plus shares last traded at GBX 60.48 ($0.76), with a volume of 1,513,559 shares traded.

Amedeo Air Four Plus Trading Up 0.8 %

The company has a market capitalization of £182.58 million and a PE ratio of 6.99. The business’s fifty day moving average is GBX 58.50 and its two-hundred day moving average is GBX 53.30.

Amedeo Air Four Plus (LON:AA4) last announced its quarterly earnings data on Thursday, December 19th. The company reported GBX (1.07) (($0.01)) earnings per share for the quarter. Amedeo Air Four Plus had a return on equity of 7.69% and a net margin of 17.26%. As a group, equities research analysts anticipate that Amedeo Air Four Plus will post 425.0000172 EPS for the current year.

Amedeo Air Four Plus Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were issued a GBX 2 ($0.03) dividend. The ex-dividend date was Thursday, January 16th. This represents a yield of 3.31%. Amedeo Air Four Plus’s payout ratio is currently 80.86%.

About Amedeo Air Four Plus

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.