Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.75 and traded as high as $20.60. Rolls-Royce Holdings PLC shares last traded at $20.43, with a volume of 2,200,411 shares trading hands.
Analysts Set New Price Targets
RYCEY has been the subject of several recent research reports. Berenberg Bank upgraded shares of Rolls-Royce Holdings PLC from a "hold" rating to a "buy" rating in a research note on Friday, June 12th. BNP Paribas Exane began coverage on Rolls-Royce Holdings PLC in a research report on Friday, May 29th. They issued an "outperform" rating on the stock. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy".
View Our Latest Stock Analysis on RYCEY
Rolls-Royce Holdings PLC Price Performance
The company has a fifty day moving average of $19.47 and a two-hundred day moving average of $17.75. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 1.03.
Institutional Trading of Rolls-Royce Holdings PLC
Several hedge funds have recently made changes to their positions in the company. Kelleher Financial Advisors purchased a new stake in shares of Rolls-Royce Holdings PLC in the third quarter valued at about $37,000. PNC Financial Services Group Inc. raised its holdings in Rolls-Royce Holdings PLC by 30.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company's stock worth $112,000 after purchasing an additional 1,658 shares in the last quarter. Fulton Bank N.A. raised its holdings in Rolls-Royce Holdings PLC by 28.3% during the second quarter. Fulton Bank N.A. now owns 15,668 shares of the aerospace company's stock worth $300,000 after purchasing an additional 3,454 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in Rolls-Royce Holdings PLC in the first quarter valued at about $350,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in Rolls-Royce Holdings PLC in the fourth quarter valued at about $367,000. Institutional investors and hedge funds own 0.07% of the company's stock.
About Rolls-Royce Holdings PLC
(
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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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