Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.15 and traded as high as $17.43. Rolls-Royce Holdings PLC shares last traded at $17.23, with a volume of 4,944,145 shares traded.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on RYCEY. Royal Bank Of Canada began coverage on shares of Rolls-Royce Holdings PLC in a research note on Tuesday, November 18th. They issued an "outperform" rating for the company. Berenberg Bank upgraded shares of Rolls-Royce Holdings PLC to a "hold" rating in a research note on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Rolls-Royce Holdings PLC has a consensus rating of "Moderate Buy".
Read Our Latest Stock Report on RYCEY
Rolls-Royce Holdings PLC Trading Down 0.2%
The company has a debt-to-equity ratio of 1.17, a current ratio of 1.25 and a quick ratio of 0.94. The business's fifty day moving average price is $15.69 and its two-hundred day moving average price is $15.15.
Hedge Funds Weigh In On Rolls-Royce Holdings PLC
Several institutional investors and hedge funds have recently bought and sold shares of the company. ORG Partners LLC increased its position in shares of Rolls-Royce Holdings PLC by 115.3% during the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company's stock worth $32,000 after purchasing an additional 1,055 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Rolls-Royce Holdings PLC during the 4th quarter valued at about $33,000. Kelleher Financial Advisors purchased a new stake in Rolls-Royce Holdings PLC in the third quarter valued at about $37,000. Salomon & Ludwin LLC raised its stake in Rolls-Royce Holdings PLC by 2,646.8% in the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company's stock valued at $48,000 after buying an additional 2,938 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. acquired a new stake in Rolls-Royce Holdings PLC in the second quarter worth about $174,000. 0.07% of the stock is owned by hedge funds and other institutional investors.
About Rolls-Royce Holdings PLC
(
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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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