Amedeo Air Four Plus (LON:AA4) Stock Price Up 0.6% – Time to Buy?

Amedeo Air Four Plus (LON:AA4) shot up 0.6% during mid-day trading on Friday . The company traded as high as GBX 52.60 ($0.66) and last traded at GBX 52.10 ($0.65). Approximately 409,153 shares changed hands during trading, a decline of 19% from the average daily volume of 505,055 shares. The stock had previously closed at GBX 51.80 ($0.65).

Amedeo Air Four Plus Price Performance

The company’s fifty day moving average is GBX 51.01 and its 200-day moving average is GBX 47.18. The company has a market capitalization of £158.33 million and a PE ratio of 306.47.

Amedeo Air Four Plus Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 10th were given a dividend of GBX 2 ($0.03) per share. This represents a yield of 3.85%. The ex-dividend date was Thursday, October 10th. Amedeo Air Four Plus’s payout ratio is currently 4,117.65%.

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.