Amedeo Air Four Plus (LON:AA4) Hits New 1-Year High – Should You Buy?

Amedeo Air Four Plus (LON:AA4)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 53.25 ($0.68) and last traded at GBX 52.40 ($0.66), with a volume of 368119 shares changing hands. The stock had previously closed at GBX 52.10 ($0.66).

Amedeo Air Four Plus Stock Performance

The firm has a market cap of £161.98 million and a PE ratio of 313.53. The company’s 50-day simple moving average is GBX 51.08 and its two-hundred day simple moving average is GBX 47.48.

Amedeo Air Four Plus Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend was Thursday, October 10th. This represents a dividend yield of 3.85%. Amedeo Air Four Plus’s dividend 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.