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

Shares of Amedeo Air Four Plus (LON:AA4Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 64.96 and traded as low as GBX 59.70. Amedeo Air Four Plus shares last traded at GBX 60.40, with a volume of 1,118,861 shares changing hands.

Amedeo Air Four Plus Price Performance

The business’s fifty day moving average price is GBX 64.96 and its 200-day moving average price is GBX 64.13. The stock has a market capitalization of £157.33 million and a PE ratio of 7.36.

Amedeo Air Four Plus (LON:AA4Get Free Report) last released its quarterly earnings results on Monday, December 15th. The company reported GBX 2.52 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%. On average, analysts expect that Amedeo Air Four Plus will post 425.0000172 earnings per share for the current fiscal year.

Amedeo Air Four Plus Company Profile

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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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