The stock of Amedeo Air Four Plus Ltd (LON:AA4) hit a new 52-week high and has GBX 263.38 target or 145.00% above today’s GBX 107.50 share price. The 7 months bullish chart indicates low risk for the GBX 366.20M company. The 1-year high was reported on Sep, 14 by Barchart.com. If the GBX 263.38 price target is reached, the company will be worth GBX 530.99M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.94% or GBX 1 on September 13, hitting GBX 107.5. About 28,000 shares traded hands. Amedeo Air Four Plus Ltd (LON:AA4) has risen 7.60% since February 15, 2016 and is uptrending. It has underperformed by 8.89% the S&P500.
Amedeo Air Four Plus Limited is a specialist fund. The company has a market cap of 366.20 million GBP. The Firm is engaged in acquiring, leasing and then selling aircraft. It currently has negative earnings. The Company’s investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing and then selling aircraft.
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