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

Amedeo Air Four Plus (LON:AA4) crossed 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.

Amedeo Air Four Plus Stock Up 0.8 %

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

Amedeo Air Four Plus (LON:AA4) last released its quarterly earnings results 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%. Equities research analysts forecast that Amedeo Air Four Plus will post 425.0000172 earnings per share 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. Investors of record on Thursday, January 16th were given 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.