Amedeo Air Four Plus (LON:AA4) Share Price Crosses Below Fifty Day Moving Average - What's Next?

Amedeo Air Four Plus (LON:AA4 - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 57.65 ($0.78) and traded as low as GBX 56.80 ($0.77). Amedeo Air Four Plus shares last traded at GBX 57.01 ($0.77), with a volume of 338,000 shares changing hands.

Amedeo Air Four Plus Price Performance

The business's 50-day moving average price is GBX 57.57 and its two-hundred day moving average price is GBX 58.58. The firm has a market cap of £172.08 million and a price-to-earnings ratio of 6.58.

Amedeo Air Four Plus Dividend Announcement

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