Amedeo Air Four Plus (LON:AA4) Reaches New 52-Week High – Here’s Why

Shares of Amedeo Air Four Plus (LON:AA4) hit a new 52-week high on Wednesday . The company traded as high as GBX 63.40 ($0.79) and last traded at GBX 63 ($0.78), with a volume of 939433 shares changing hands. The stock had previously closed at GBX 62.50 ($0.77).

Amedeo Air Four Plus Price Performance

The firm’s 50-day moving average price is GBX 56.58 and its 200 day moving average price is GBX 51.70. The firm has a market capitalization of £192.67 million and a price-to-earnings ratio of 372.94.

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

Amedeo Air Four Plus Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be paid a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 3.31%. Amedeo Air Four Plus’s payout ratio is 4,117.65%.

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.