Amedeo Air Four Plus (LON:AA4) Reaches New 1-Year High – Still a Buy?

Shares of Amedeo Air Four Plus (LON:AA4) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 53.25 ($0.67) and last traded at GBX 52.40 ($0.66), with a volume of 368119 shares. The stock had previously closed at GBX 52.10 ($0.65).

Amedeo Air Four Plus Price Performance

The company’s 50 day moving average price is GBX 51.01 and its 200 day moving average price is GBX 47.24. The firm has a market capitalization of £160.16 million and a P/E ratio of 308.24.

Amedeo Air Four Plus Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were paid a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a dividend yield of 3.85%. Amedeo Air Four Plus’s dividend payout ratio (DPR) is currently 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.