Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Shares Pass Above 200-Day Moving Average of $3.88

Rolls-Royce Holdings plc (OTCMKTS:RYCEY)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.88 and traded as high as $4.99. Rolls-Royce Holdings plc shares last traded at $4.97, with a volume of 3,389,324 shares.

Rolls-Royce Holdings plc Trading Up 2.7 %

The stock has a fifty day moving average price of $4.87 and a 200-day moving average price of $3.88.

Hedge Funds Weigh In On Rolls-Royce Holdings plc

Several hedge funds and other institutional investors have recently bought and sold shares of RYCEY. Renaissance Group LLC acquired a new position in Rolls-Royce Holdings plc during the 3rd quarter worth approximately $6,640,000. Henry James International Management Inc. acquired a new position in Rolls-Royce Holdings plc during the 4th quarter worth approximately $607,000. Tieton Capital Management LLC acquired a new position in Rolls-Royce Holdings plc during the 4th quarter worth approximately $75,000. Fulton Bank N.A. lifted its position in Rolls-Royce Holdings plc by 67.1% during the 1st quarter. Fulton Bank N.A. now owns 46,448 shares of the aerospace company’s stock worth $250,000 after acquiring an additional 18,646 shares in the last quarter. Finally, HighPoint Advisor Group LLC acquired a new position in Rolls-Royce Holdings plc during the 4th quarter worth approximately $65,000. 0.07% of the stock is owned by institutional investors and hedge funds.

About Rolls-Royce Holdings plc

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.