Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Shares Gap Down - Time to Sell?

Key Points

• Rolls-Royce shares fell 7.4%, dropping from a prior close of $16.86 to $15.61 after opening at $15.63, with 582,451 shares traded.
• The stock is trading below its 50-day and 200-day moving averages of $19.47 and $18.45, respectively; its quick ratio is 0.93, current ratio is 1.24, and debt-to-equity ratio is 1.34.
• Several institutional investors increased their positions, but institutional ownership remains very low at 0.07%. Rolls-Royce operates in civil aerospace, defense, and long-term engine maintenance services.

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report)'s share price gapped down prior to trading on Friday. The stock had previously closed at $16.86, but opened at $15.63. Rolls-Royce Holdings PLC shares last traded at $15.61, with a volume of 582,451 shares trading hands.

Rolls-Royce Holdings PLC Stock Down 7.4%

The company has a quick ratio of 0.93, a current ratio of 1.24 and a debt-to-equity ratio of 1.34. The firm's 50 day simple moving average is $19.47 and its two-hundred day simple moving average is $18.45.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RYCEY. Henry James International Management Inc. raised its position in Rolls-Royce Holdings PLC by 17.2% in the third quarter. Henry James International Management Inc. now owns 662,815 shares of the aerospace company's stock valued at $12,870,000 after purchasing an additional 97,466 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Rolls-Royce Holdings PLC by 15.4% in the third quarter. GAMMA Investing LLC now owns 53,877 shares of the aerospace company's stock valued at $1,044,000 after buying an additional 7,189 shares during the period. Fulton Bank N.A. lifted its stake in shares of Rolls-Royce Holdings PLC by 28.3% in 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 during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Rolls-Royce Holdings PLC by 65.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 11,736 shares of the aerospace company's stock worth $181,000 after buying an additional 4,641 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new position in Rolls-Royce Holdings PLC during the first quarter worth $350,000. Institutional investors own 0.07% of the company's stock.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a United Kingdom-based industrial technology company focused on power and propulsion systems. Through its Civil Aerospace business, the company develops, manufactures, and services aircraft engines for widebody commercial aircraft, business aviation, and other applications. Its business model includes long-term aftermarket maintenance, repair, and overhaul services that support customers throughout an engine's operating life.

The company's Defence business supplies propulsion systems and related services for military aircraft, naval vessels, submarines, and other defense platforms.

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