Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEYGet Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.40 and traded as high as $15.7330. Rolls-Royce Holdings PLC shares last traded at $15.69, with a volume of 2,148,131 shares trading hands.

Analyst Ratings Changes

RYCEY has been the topic of a number of research analyst reports. Berenberg Bank raised shares of Rolls-Royce Holdings PLC to a “hold” rating in a report on Monday, October 20th. The Goldman Sachs Group initiated coverage on Rolls-Royce Holdings PLC in a report on Friday, September 19th. They issued a “buy” rating on the stock. Finally, Royal Bank Of Canada started coverage on Rolls-Royce Holdings PLC in a research report on Tuesday, November 18th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on Rolls-Royce Holdings PLC

Rolls-Royce Holdings PLC Stock Performance

The company has a 50-day moving average of $14.83 and a two-hundred day moving average of $14.40.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in RYCEY. ORG Partners LLC lifted its position in Rolls-Royce Holdings PLC by 115.3% during the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock valued at $32,000 after buying an additional 1,055 shares in the last quarter. Kelleher Financial Advisors acquired a new position in Rolls-Royce Holdings PLC during the 3rd quarter worth approximately $37,000. Salomon & Ludwin LLC lifted its position in shares of Rolls-Royce Holdings PLC by 2,646.8% during the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 2,938 shares in the last quarter. Sterling Investment Advisors Ltd. purchased a new position in Rolls-Royce Holdings PLC in the 2nd quarter valued at about $174,000. Finally, GAMMA Investing LLC grew its stake in Rolls-Royce Holdings PLC by 17.4% during the 2nd quarter. GAMMA Investing LLC now owns 34,443 shares of the aerospace company’s stock valued at $461,000 after purchasing an additional 5,099 shares in the last quarter. 0.07% of the stock is owned by hedge funds and other institutional investors.

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.

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