Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Stock Passes Above 200-Day Moving Average - Should You Sell?

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 $7.81 and traded as high as $9.98. Rolls-Royce Holdings plc shares last traded at $9.82, with a volume of 1,957,327 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts recently commented on RYCEY shares. Vertical Research upgraded shares of Rolls-Royce Holdings plc to a "strong-buy" rating in a research report on Friday, February 28th. Citigroup lowered shares of Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a research report on Monday, January 6th.

Rolls-Royce Holdings plc Stock Performance

The business's 50-day simple moving average is $9.05 and its 200 day simple moving average is $7.82.

Rolls-Royce Holdings plc Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Tuesday, April 22nd will be given a $0.0761 dividend. The ex-dividend date is Tuesday, April 22nd.

Institutional Investors Weigh In On Rolls-Royce Holdings plc

Large investors have recently modified their holdings of the stock. Boothe Investment Group Inc. acquired a new stake in shares of Rolls-Royce Holdings plc in the 4th quarter valued at approximately $8,489,000. Henry James International Management Inc. increased its stake in shares of Rolls-Royce Holdings plc by 1.6% during the fourth quarter. Henry James International Management Inc. now owns 978,600 shares of the aerospace company's stock worth $6,962,000 after purchasing an additional 15,436 shares during the period. HighPoint Advisor Group LLC increased its position in Rolls-Royce Holdings plc by 17.0% during the fourth quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company's stock worth $233,000 after acquiring an additional 4,431 shares during the period. Financial Avengers Inc. raised its position in shares of 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 buying an additional 7,000 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Rolls-Royce Holdings plc by 35.7% in the 4th quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company's stock valued at $182,000 after buying an additional 6,727 shares during the period. 0.07% of the stock is currently owned by institutional investors.

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Rolls-Royce Holdings plc Company Profile

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.