Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Stock Passes Above 200-Day Moving Average – Time to Sell?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEYGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.58 and traded as high as $20.88. Rolls-Royce Holdings PLC shares last traded at $20.60, with a volume of 1,480,098 shares changing hands.

Analyst Upgrades and Downgrades

RYCEY has been the topic of a number of research reports. Berenberg Bank raised Rolls-Royce Holdings PLC from a “hold” rating to a “buy” rating in a research report on Friday, June 12th. BNP Paribas Exane assumed coverage on Rolls-Royce Holdings PLC in a report on Friday, May 29th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

View Our Latest Report on RYCEY

Rolls-Royce Holdings PLC Price Performance

The business’s fifty day moving average price is $19.06 and its 200 day moving average price is $17.60. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 1.03.

Hedge Funds Weigh In On Rolls-Royce Holdings PLC

Several institutional investors have recently added to or reduced their stakes in the stock. Kelleher Financial Advisors acquired a new stake in Rolls-Royce Holdings PLC during the 3rd quarter worth approximately $37,000. PNC Financial Services Group Inc. increased its holdings in shares of Rolls-Royce Holdings PLC by 30.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock valued at $112,000 after purchasing an additional 1,658 shares during the period. Fulton Bank N.A. increased its holdings in shares of Rolls-Royce Holdings PLC by 28.3% in the second quarter. Fulton Bank N.A. now owns 15,668 shares of the aerospace company’s stock valued at $300,000 after purchasing an additional 3,454 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of Rolls-Royce Holdings PLC during the first quarter worth approximately $350,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of Rolls-Royce Holdings PLC during the fourth quarter worth approximately $367,000. Institutional investors and hedge funds own 0.07% of the company’s stock.

About Rolls-Royce Holdings PLC

(Get Free Report)

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.

Further Reading

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