Amedeo Air Four Plus (LON:AA4) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Amedeo Air Four Plus (LON:AA4) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 60.89 ($0.79) and traded as high as GBX 61.84 ($0.80). Amedeo Air Four Plus shares last traded at GBX 61.60 ($0.80), with a volume of 47,473 shares traded.

Amedeo Air Four Plus Stock Up 0.3 %

The firm has a market capitalization of £185.96 million and a P/E ratio of 7.12. The business’s 50-day simple moving average is GBX 60.89 and its 200 day simple moving average is GBX 55.87.

Amedeo Air Four Plus Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, January 31st. Investors 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 dividend 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.