Amedeo Air Four Plus (LON:AA4) Hits New 12-Month High – Should You Buy?

Amedeo Air Four Plus (LON:AA4) hit a new 52-week high on Monday . The stock traded as high as GBX 59 ($0.73) and last traded at GBX 58.36 ($0.72), with a volume of 1259661 shares changing hands. The stock had previously closed at GBX 57 ($0.70).

Amedeo Air Four Plus Price Performance

The business has a 50-day moving average of GBX 53.57 and a 200-day moving average of GBX 49.93. The firm has a market cap of £178.15 million and a price-to-earnings ratio of 344.82.

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.