Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Price breakout: Rolls‑Royce shares crossed above their 200‑day moving average of $15.80, trading as high as $18.19 and last at $17.41 on volume of 4,077,437 shares.
• Analyst sentiment: RBC initiated coverage with an "Outperform" rating and the stock carries a MarketBeat consensus of Moderate Buy (two Buy, two Hold).
• Ownership and fundamentals: Several hedge funds have added positions but institutional ownership is very low at 0.07%; the company has a debt/equity of 1.17 and liquidity ratios of quick 0.94 and current 1.25.

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.80 and traded as high as $18.19. Rolls-Royce Holdings PLC shares last traded at $17.41, with a volume of 4,077,437 shares traded.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada assumed coverage on Rolls-Royce Holdings PLC in a research note on Tuesday, November 18th. They set an "outperform" rating for the company. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Rolls-Royce Holdings PLC Stock Down 6.1%

The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.94 and a current ratio of 1.25. The company's 50 day moving average is $17.28 and its 200 day moving average is $15.80.

Hedge Funds Weigh In On Rolls-Royce Holdings PLC

A number of hedge funds have recently modified their holdings of the stock. Bowen Hanes & Co. Inc. raised its stake in shares of Rolls-Royce Holdings PLC by 42.8% in the second quarter. Bowen Hanes & Co. Inc. now owns 4,043,310 shares of the aerospace company's stock valued at $54,099,000 after acquiring an additional 1,211,310 shares during the last quarter. Financially Speaking Inc acquired a new stake in Rolls-Royce Holdings PLC during the 3rd quarter valued at $1,808,000. Mcintyre Freedman & Flynn Investment Advisers Inc. bought a new position in Rolls-Royce Holdings PLC in the 3rd quarter valued at $1,690,000. Dorsey Wright & Associates bought a new position in Rolls-Royce Holdings PLC in the 3rd quarter valued at $1,558,000. Finally, AdvisorShares Investments LLC acquired a new position in Rolls-Royce Holdings PLC in the third quarter worth $1,077,000. 0.07% of the stock is owned by institutional investors and hedge funds.

About Rolls-Royce Holdings PLC

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.

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