Amedeo Air Four Plus (LON:AA4) Reaches New 1-Year High – Still a Buy?

Amedeo Air Four Plus (LON:AA4)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 63.40 ($0.79) and last traded at GBX 63 ($0.78), with a volume of 939433 shares traded. The stock had previously closed at GBX 62.50 ($0.77).

Amedeo Air Four Plus Stock Performance

The firm has a fifty day simple moving average of GBX 56.58 and a 200 day simple moving average of GBX 51.70. The company has a market capitalization of £192.67 million and a PE ratio of 372.94.

Amedeo Air Four Plus (LON:AA4) last announced its earnings results on Thursday, December 19th. The company reported GBX (1.07) (($0.01)) earnings per share for the quarter. Research analysts expect that Amedeo Air Four Plus will post 425.0000172 EPS for the current fiscal year.

Amedeo Air Four Plus Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be paid a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 3.31%. 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.