Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• Rolls-Royce Holdings PLC shares recently crossed above their 200-day moving average of $12.87, trading as high as $15.51 before closing at $15.38.
• Analyst ratings for the stock show a mix, with one firm upgrading to a "buy" rating while another downgraded from "strong-buy" to "hold," leading to an average rating of "Moderate Buy."
• The company announced a recent dividend payment of $0.0596, reflecting a substantial yield of 97.0%, despite its ongoing challenges in the market.

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.87 and traded as high as $15.51. Rolls-Royce Holdings PLC shares last traded at $15.38, with a volume of 4,307,778 shares traded.

Analyst Upgrades and Downgrades

RYCEY has been the subject of several analyst reports. Kepler Capital Markets lowered Rolls-Royce Holdings PLC from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 26th. The Goldman Sachs Group assumed coverage on shares of Rolls-Royce Holdings PLC in a research report on Friday, September 19th. They set a "buy" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Rolls-Royce Holdings PLC Trading Up 2.5%

The business's 50-day moving average is $15.14 and its 200-day moving average is $12.87.

Rolls-Royce Holdings PLC Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, September 25th. Stockholders of record on Tuesday, August 12th were paid a $0.0596 dividend. The ex-dividend date was Monday, August 11th. This represents a dividend yield of 97.0%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. boosted its holdings in Rolls-Royce Holdings PLC by 31.8% during the first quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock worth $84,000 after buying an additional 2,055 shares in the last quarter. Sterling Investment Advisors Ltd. acquired a new stake in Rolls-Royce Holdings PLC in the second quarter valued at approximately $174,000. GAMMA Investing LLC grew its holdings 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 purchasing an additional 3,771 shares during the period. Torray Investment Partners LLC purchased a new stake in shares of Rolls-Royce Holdings PLC in the second quarter valued at approximately $669,000. Finally, Rhumbline Advisers raised its stake in shares of Rolls-Royce Holdings PLC by 1.5% during the 2nd quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company's stock worth $1,103,000 after buying an additional 1,205 shares during the period. 0.07% of the stock is owned by institutional investors and hedge funds.

About Rolls-Royce Holdings PLC

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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