Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Stock Price Crosses Above 200-Day Moving Average of $4.00

Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.00 and traded as high as $5.20. Rolls-Royce Holdings plc shares last traded at $5.20, with a volume of 3,532,751 shares trading hands.

Rolls-Royce Holdings plc Trading Up 2.9 %

The firm’s 50 day simple moving average is $5.05 and its two-hundred day simple moving average is $4.02.

Hedge Funds Weigh In On Rolls-Royce Holdings plc

Institutional investors have recently modified their holdings of the company. Fulton Bank N.A. grew its position in Rolls-Royce Holdings plc by 67.1% in the 1st quarter. Fulton Bank N.A. now owns 46,448 shares of the aerospace company’s stock valued at $250,000 after buying an additional 18,646 shares in the last quarter. HighPoint Advisor Group LLC bought a new position in Rolls-Royce Holdings plc in the 4th quarter valued at about $65,000. Tieton Capital Management LLC bought a new position in Rolls-Royce Holdings plc in the 4th quarter valued at about $75,000. Henry James International Management Inc. bought a new position in Rolls-Royce Holdings plc in the 4th quarter valued at about $607,000. Finally, Renaissance Group LLC bought a new position in Rolls-Royce Holdings plc in the 3rd quarter valued at about $6,640,000. Institutional investors own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Company Profile

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.