Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.28 and traded as high as $18.94. Rolls-Royce Holdings PLC shares last traded at $18.93, with a volume of 4,176,360 shares traded.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. BNP Paribas Exane assumed coverage on Rolls-Royce Holdings PLC in a research report on Friday, May 29th. They set an “outperform” rating for the company. Berenberg Bank upgraded shares of Rolls-Royce Holdings PLC from a “hold” rating to a “buy” rating in a report on Friday, June 12th. Finally, Wells Fargo & Company raised Rolls-Royce Holdings PLC to a “strong-buy” rating in a research report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Rolls-Royce Holdings PLC Price Performance

The stock’s 50 day moving average price is $17.99 and its 200 day moving average price is $17.29. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.91 and a current ratio of 1.20.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers raised its stake in shares of Rolls-Royce Holdings PLC by 1.5% during the 2nd quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock worth $1,103,000 after purchasing an additional 1,205 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings 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 buying an additional 1,658 shares during the last quarter. AdvisorShares Investments LLC grew its stake in shares of Rolls-Royce Holdings PLC by 2.8% in the fourth quarter. AdvisorShares Investments LLC now owns 68,381 shares of the aerospace company’s stock valued at $1,075,000 after buying an additional 1,881 shares in the last quarter. Dorsey Wright & Associates grew its stake in shares of Rolls-Royce Holdings PLC by 2.2% in the fourth quarter. Dorsey Wright & Associates now owns 99,391 shares of the aerospace company’s stock valued at $1,537,000 after buying an additional 2,117 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Rolls-Royce Holdings PLC during the fourth quarter worth $33,000. 0.07% of the stock is currently owned by institutional investors.

About Rolls-Royce Holdings PLC

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.