Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.90 and traded as high as $19.99. Rolls-Royce Holdings PLC shares last traded at $19.62, with a volume of 1,418,996 shares traded.
Analyst Upgrades and Downgrades
RYCEY has been the subject of a number of analyst reports. BNP Paribas Exane started coverage on Rolls-Royce Holdings PLC in a report on Friday, May 29th. They issued an "outperform" rating for the company. Berenberg Bank upgraded Rolls-Royce Holdings PLC from a "hold" rating to a "buy" rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company's stock. According to data from MarketBeat, Rolls-Royce Holdings PLC presently has an average rating of "Buy".
View Our Latest Report on RYCEY
Rolls-Royce Holdings PLC Trading Down 3.4%
The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 0.91. The business's fifty day moving average price is $19.70 and its 200-day moving average price is $17.90.
Institutional Trading of Rolls-Royce Holdings PLC
Several institutional investors and hedge funds have recently bought and sold shares of RYCEY. Kelleher Financial Advisors bought a new position in Rolls-Royce Holdings PLC in the 3rd quarter valued at $37,000. PNC Financial Services Group Inc. grew its position in shares of Rolls-Royce Holdings PLC by 30.5% during the 4th 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 in the last quarter. Fulton Bank N.A. grew its position in shares of Rolls-Royce Holdings PLC by 28.3% during the 2nd 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 in the last quarter. Ascentis Independent Advisors bought a new position in shares of Rolls-Royce Holdings PLC in the first quarter worth $350,000. Finally, HighPoint Advisor Group LLC increased its holdings in shares of Rolls-Royce Holdings PLC by 17.9% in the fourth quarter. HighPoint Advisor Group LLC now owns 45,752 shares of the aerospace company's stock worth $719,000 after purchasing an additional 6,944 shares during the period. 0.07% of the stock is currently 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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