Amedeo Air Four Plus (LON:AA4) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Amedeo Air Four Plus (LON:AA4)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 60.45 ($0.79) and traded as low as GBX 57.72 ($0.76). Amedeo Air Four Plus shares last traded at GBX 57.96 ($0.76), with a volume of 616,687 shares trading hands.

Amedeo Air Four Plus Stock Down 0.2 %

The stock has a market cap of £174.97 million and a P/E ratio of 6.69. The business’s 50 day simple moving average is GBX 60.45 and its two-hundred day simple moving average is GBX 56.46.

Amedeo Air Four Plus Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th will be issued a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 3.28%. The ex-dividend date is Thursday, April 10th. Amedeo Air Four Plus’s dividend payout ratio (DPR) is currently 80.86%.

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.