Amedeo Air Four Plus (LON:AA4) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Amedeo Air Four Plus (LON:AA4) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 61.13 and traded as low as GBX 58. Amedeo Air Four Plus shares last traded at GBX 58, with a volume of 169,405 shares changing hands.

Amedeo Air Four Plus Stock Down 1.0%

The company’s fifty day simple moving average is GBX 61.13 and its two-hundred day simple moving average is GBX 63.84. The company has a market capitalization of £151.08 million and a price-to-earnings ratio of 7.06.

Amedeo Air Four Plus (LON:AA4) last announced 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 net margin of 17.26% and a return on equity of 7.69%. Equities research analysts expect that Amedeo Air Four Plus will post 425.0000172 earnings per share for the current year.

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.