Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as $12.47 and last traded at $11.95, with a volume of 7243895 shares traded. The stock had previously closed at $12.22.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on RYCEY shares. Kepler Capital Markets raised shares of Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 9th. Vertical Research raised shares of Rolls-Royce Holdings plc to a "strong-buy" rating in a report on Friday, February 28th.
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Rolls-Royce Holdings plc Price Performance
The firm's fifty day moving average price is $10.63 and its two-hundred day moving average price is $9.04.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in RYCEY. Bowen Hanes & Co. Inc. bought a new position in Rolls-Royce Holdings plc in the first quarter valued at $27,782,000. L & S Advisors Inc bought a new position in Rolls-Royce Holdings plc in the first quarter valued at $2,427,000. First Horizon Advisors Inc. increased its stake in Rolls-Royce Holdings plc by 31.8% in the first quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock valued at $84,000 after acquiring an additional 2,055 shares during the last quarter. GAMMA Investing LLC increased its stake in Rolls-Royce Holdings plc by 14.7% in the first quarter. GAMMA Investing LLC now owns 29,344 shares of the aerospace company's stock valued at $288,000 after acquiring an additional 3,771 shares during the last quarter. Finally, Financial Avengers Inc. increased its stake in Rolls-Royce Holdings plc by 32.6% in the fourth quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock valued at $203,000 after acquiring an additional 7,000 shares during the last quarter. Institutional investors own 0.07% of the company's stock.
Rolls-Royce Holdings plc Company Profile
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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.
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