Amedeo Air Four Plus Ltd (LON:AA4)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 85.70 ($1.12) and last traded at GBX 86.75 ($1.13), with a volume of 15627 shares trading hands. The stock had previously closed at GBX 86.50 ($1.13).
The stock’s 50 day simple moving average is GBX 88.31 and its 200-day simple moving average is GBX 80.67.
In other Amedeo Air Four Plus news, insider Robin Hallam acquired 15,092 shares of the company’s stock in a transaction dated Wednesday, September 4th. The shares were acquired at an average cost of GBX 88 ($1.15) per share, with a total value of £13,280.96 ($17,353.93).
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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