Amedeo Air Four Plus (LON:AA4) Shares Pass Below 50 Day Moving Average - Should You Sell?

Amedeo Air Four Plus (LON:AA4 - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 60.45 ($0.80) and traded as low as GBX 57.72 ($0.76). Amedeo Air Four Plus shares last traded at GBX 57.96 ($0.77), with a volume of 616,687 shares.

Amedeo Air Four Plus Stock Performance

The firm has a market capitalization of £174.56 million and a P/E ratio of 6.68. The business has a fifty day moving average of GBX 60.28 and a 200-day moving average of GBX 56.63.

Amedeo Air Four Plus Dividend Announcement

The firm 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 of this dividend is Thursday, April 10th. Amedeo Air Four Plus's dividend payout ratio (DPR) is 80.86%.

About Amedeo Air Four Plus

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.