Amedeo Air Four Plus (LON:AA4) Hits New 12-Month High - Should You Buy?

Key Points

• Amedeo Air Four Plus (LON:AA4) reached a new 52-week high of GBX 63.40 ($0.84) on Thursday, with a significant trading volume of nearly 1.2 million shares.
• The company reported a quarterly earnings per share (EPS) of GBX 4.62 ($0.06) and has a market capitalization of £190.19 million.
• Amedeo Air Four Plus focuses on acquiring and leasing aircraft, aiming to partner with major airlines by utilizing raised equity and debt capital.

Shares of Amedeo Air Four Plus (LON:AA4 - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as GBX 63.40 ($0.84) and last traded at GBX 63 ($0.84), with a volume of 1196985 shares trading hands. The stock had previously closed at GBX 61.80 ($0.82).

Amedeo Air Four Plus Price Performance

The business's 50-day moving average price is GBX 57.77 and its 200-day moving average price is GBX 59.02. The firm has a market capitalization of £190.19 million and a PE ratio of 7.28.

Amedeo Air Four Plus (LON:AA4 - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported GBX 4.62 ($0.06) 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 analysts forecast 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.

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