Amedeo Air Four Plus (LON:AA4) Sets New 52-Week 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.

Amedeo Air Four Plus (LON:AA4 - Get Free Report)'s share price 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 changing hands. The stock had previously closed at GBX 61.80 ($0.82).

Amedeo Air Four Plus Trading Up 3.9%

The stock has a market cap of £200.75 million and a price-to-earnings ratio of 7.68. The company's fifty day moving average is GBX 58.01 and its two-hundred day moving average is GBX 59.07.

Amedeo Air Four Plus (LON:AA4 - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported GBX 4.62 ($0.06) earnings per share for the quarter. Amedeo Air Four Plus had a net margin of 17.26% and a return on equity of 7.69%. Analysts predict that Amedeo Air Four Plus will post 425.0000172 EPS for the current year.

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.