Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.92 and traded as high as $13.64. Rolls-Royce Holdings PLC shares last traded at $13.63, with a volume of 2,778,223 shares traded.
Analyst Ratings Changes
Separately, Kepler Capital Markets lowered Rolls-Royce Holdings PLC from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 26th.
Get Our Latest Analysis on Rolls-Royce Holdings PLC
Rolls-Royce Holdings PLC Stock Performance
The business's 50-day moving average is $12.21 and its 200-day moving average is $10.01.
Hedge Funds Weigh In On Rolls-Royce Holdings PLC
Several large investors have recently made changes to their positions in the business. Bowen Hanes & Co. Inc. bought a new position in shares of Rolls-Royce Holdings PLC in the first quarter worth approximately $27,782,000. GAMMA Investing LLC raised its holdings in Rolls-Royce Holdings PLC by 1,025.7% in the 1st quarter. GAMMA Investing LLC now owns 287,865 shares of the aerospace company's stock worth $29,344,000 after acquiring an additional 262,292 shares during the last quarter. L & S Advisors Inc bought a new position in Rolls-Royce Holdings PLC in the 1st quarter valued at approximately $2,427,000. Sterling Investment Advisors Ltd. purchased a new stake in Rolls-Royce Holdings PLC during the 2nd quarter valued at $174,000. Finally, Financial Avengers Inc. increased its holdings in shares of Rolls-Royce Holdings PLC by 32.6% in the 4th quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock worth $203,000 after purchasing an additional 7,000 shares in the last quarter. 0.07% of the stock is currently owned by hedge funds and other institutional investors.
About Rolls-Royce Holdings PLC
(
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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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