Amedeo Air Four Plus (LON:AA4) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Amedeo Air Four Plus (LON:AA4Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 50.79 ($0.66) and traded as low as GBX 48 ($0.62). Amedeo Air Four Plus shares last traded at GBX 49.20 ($0.64), with a volume of 63,127 shares.

Amedeo Air Four Plus Stock Up 0.6 %

The company’s 50 day moving average price is GBX 50.79 and its 200 day moving average price is GBX 45.80. The firm has a market capitalization of £150.42 million and a price-to-earnings ratio of 289.41.

Amedeo Air Four Plus Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th will be paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, October 10th. This represents a yield of 3.85%. Amedeo Air Four Plus’s payout ratio is presently 4,117.65%.

Amedeo Air Four Plus Company Profile

(Get Free Report)

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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