Amedeo Air Four Plus (LON:AA4) Trading Up 27.4% – Here’s Why

Shares of Amedeo Air Four Plus (LON:AA4) traded up 27.4% on Friday . The stock traded as high as GBX 70.84 and last traded at GBX 70.08. 2,593,168 shares traded hands during trading, an increase of 215% from the average session volume of 823,905 shares. The stock had previously closed at GBX 55.

Amedeo Air Four Plus Stock Performance

The firm has a market cap of £183.08 million, a price-to-earnings ratio of 8.56 and a beta of 0.67. The stock has a 50-day moving average of GBX 60.23 and a 200-day moving average of GBX 63.54.

Amedeo Air Four Plus (LON:AA4) last released its quarterly earnings results on Monday, December 15th. The company reported GBX 2.52 earnings per share for the quarter. Amedeo Air Four Plus had a return on equity of 8.21% and a net margin of 12.69%. Sell-side analysts predict that Amedeo Air Four Plus will post 425.0000172 EPS for the current fiscal year.

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.