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

Amedeo Air Four Plus (LON:AA4)’s stock price 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 trading hands.

Amedeo Air Four Plus Stock Up 0.8 %

The stock has a market cap of £182.58 million and a PE ratio of 6.99. The firm has a fifty day moving average of GBX 58.37 and a 200 day moving average of GBX 53.10.

Amedeo Air Four Plus (LON:AA4) last issued its quarterly earnings data on Thursday, December 19th. The company reported GBX (1.07) (($0.01)) 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%. On average, equities research analysts forecast that Amedeo Air Four Plus will post 425.0000172 EPS for the current fiscal year.

Amedeo Air Four Plus Dividend Announcement

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