Amedeo Air Four Plus (LON:AA4) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Shares of Amedeo Air Four Plus (LON:AA4Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 61.13 and traded as low as GBX 58. Amedeo Air Four Plus shares last traded at GBX 58, with a volume of 169,405 shares trading hands.

Amedeo Air Four Plus Stock Down 1.0%

The company has a market capitalization of £151.08 million and a PE ratio of 7.06. The stock’s fifty day moving average price is GBX 61.13 and its two-hundred day moving average price is GBX 63.84.

Amedeo Air Four Plus (LON:AA4Get Free Report) last released its earnings results on Monday, December 15th. The company reported GBX 2.52 earnings per share (EPS) for the quarter. Amedeo Air Four Plus had a net margin of 17.26% and a return on equity of 7.69%. On average, equities research analysts forecast that Amedeo Air Four Plus will post 425.0000172 EPS for the current year.

Amedeo Air Four Plus Company Profile

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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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