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Amedeo Air Four Plus (LON:AA4) Shares Pass Below 50-Day Moving Average - Here's Why

Amedeo Air Four Plus logo with Industrials background

Shares of Amedeo Air Four Plus (LON:AA4 - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 58.12 ($0.79) and traded as low as GBX 56.85 ($0.77). Amedeo Air Four Plus shares last traded at GBX 57.08 ($0.77), with a volume of 682,368 shares.

Amedeo Air Four Plus Stock Up 0.5%

The company has a market cap of £173.28 million and a PE ratio of 6.63. The business has a 50-day simple moving average of GBX 57.85 and a 200-day simple moving average of GBX 58.38.

Amedeo Air Four Plus Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th were given a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Thursday, April 10th. This represents a yield of 3.28%. Amedeo Air Four Plus's dividend payout ratio is currently 80.86%.

About Amedeo Air Four Plus

(Get Free Report)

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.

Further Reading

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