Amedeo Air Four Plus (LON:AA4) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Amedeo Air Four Plus (LON:AA4)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 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 ($0.78), with a volume of 338,000 shares traded.

Amedeo Air Four Plus Stock Down 0.1%

The stock has a market cap of £172.52 million and a PE ratio of 6.60. The stock has a 50-day moving average of GBX 57.65 and a 200 day moving average of GBX 58.47.

Amedeo Air Four Plus Announces Dividend

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

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.