Amedeo Air Four Plus (LON:AA4) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Shares of Amedeo Air Four Plus (LON:AA4) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 62.53 and traded as low as GBX 59.07. Amedeo Air Four Plus shares last traded at GBX 59.44, with a volume of 154,096 shares traded.

Amedeo Air Four Plus Stock Up 0.1%

The firm has a market cap of £154.83 million and a price-to-earnings ratio of 7.24. The stock’s 50 day moving average is GBX 62.53 and its 200 day moving average is GBX 64.23.

Amedeo Air Four Plus (LON:AA4) last issued its quarterly earnings results on Monday, December 15th. The company reported GBX 2.52 earnings per share (EPS) for the quarter. Amedeo Air Four Plus had a return on equity of 7.69% and a net margin of 17.26%. Analysts anticipate that Amedeo Air Four Plus will post 425.0000172 earnings per share for the current fiscal year.

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.