Free Trial

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Rolls-Royce Holdings plc logo with Aerospace background
Remove Ads

Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.46 and traded as high as $10.66. Rolls-Royce Holdings plc shares last traded at $10.60, with a volume of 4,432,195 shares traded.

Analysts Set New Price Targets

Several research analysts recently weighed in 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 cut shares of Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a research report on Monday, January 6th.

Read Our Latest Stock Report on Rolls-Royce Holdings plc

Rolls-Royce Holdings plc Trading Up 0.3 %

The business's fifty day simple moving average is $8.48 and its 200 day simple moving average is $7.57.

Institutional Trading of Rolls-Royce Holdings plc

A number of institutional investors have recently bought and sold shares of the business. Financial Avengers Inc. grew 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 valued at $203,000 after buying an additional 7,000 shares during the period. HighPoint Advisor Group LLC boosted its stake in Rolls-Royce Holdings plc by 17.0% in the 4th quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company's stock worth $233,000 after purchasing an additional 4,431 shares during the period. PNC Financial Services Group Inc. lifted its position in Rolls-Royce Holdings plc by 60.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock worth $43,000 after buying an additional 2,287 shares in the last quarter. Henry James International Management Inc. lifted its position in Rolls-Royce Holdings plc by 1.6% during the 4th quarter. Henry James International Management Inc. now owns 978,600 shares of the aerospace company's stock worth $6,962,000 after buying an additional 15,436 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in Rolls-Royce Holdings plc during the 4th quarter worth about $144,000. Institutional investors and hedge funds own 0.07% of the company's stock.

Remove Ads

Rolls-Royce Holdings plc Company Profile

(Get Free Report)

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.

Recommended Stories

Should You Invest $1,000 in Rolls-Royce Holdings plc Right Now?

Before you consider Rolls-Royce Holdings plc, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rolls-Royce Holdings plc wasn't on the list.

While Rolls-Royce Holdings plc currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

While tech giants are down, "boring" bank stocks are quietly outperforming. Find out how to leverage these banks' stability for significant gains!

Recent Videos

5 International Stocks to Escape U.S. Market Volatility
MicroStrategy’s Bold Bitcoin Bet: Genius Move or Dangerous Gamble?
5 Big Reasons the S&P 500 Could Soar in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads