Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Reaches New 12-Month High – Should You Buy?

Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.77 and last traded at $17.73, with a volume of 1059176 shares changing hands. The stock had previously closed at $17.62.

Analysts Set New Price Targets

RYCEY has been the subject of several recent research reports. Berenberg Bank upgraded Rolls-Royce Holdings PLC to a “hold” rating in a research report on Monday, October 20th. Royal Bank Of Canada started coverage on Rolls-Royce Holdings PLC in a research report on Tuesday, November 18th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Rolls-Royce Holdings PLC presently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Stock Down 0.1%

The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.17. The business’s fifty day moving average price is $16.53 and its 200-day moving average price is $15.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RYCEY. ORG Partners LLC grew its holdings in shares of Rolls-Royce Holdings PLC by 115.3% during the 3rd quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 1,055 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Rolls-Royce Holdings PLC during the fourth quarter valued at about $33,000. Kelleher Financial Advisors purchased a new position in shares of Rolls-Royce Holdings PLC in the third quarter worth about $37,000. Salomon & Ludwin LLC increased its holdings in shares of Rolls-Royce Holdings PLC by 2,646.8% in the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock worth $48,000 after buying an additional 2,938 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Rolls-Royce Holdings PLC by 30.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock valued at $112,000 after acquiring an additional 1,658 shares during the last quarter. 0.07% of the stock is currently owned by institutional investors.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.