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 stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.82 and traded as high as $7.29. Rolls-Royce Holdings plc shares last traded at $7.23, with a volume of 1,951,508 shares trading hands.

Analyst Ratings Changes

Separately, Citigroup cut Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a research note on Monday, January 6th.

Rolls-Royce Holdings plc Trading Up 0.5 %

The stock's fifty day moving average price is $7.23 and its 200-day moving average price is $6.85.

Institutional Trading of Rolls-Royce Holdings plc

An institutional investor recently raised its position in Rolls-Royce Holdings plc stock. GAMMA Investing LLC increased its holdings in shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Free Report) by 82.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,846 shares of the aerospace company's stock after buying an additional 8,491 shares during the quarter. GAMMA Investing LLC's holdings in Rolls-Royce Holdings plc were worth $133,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.07% of the company's stock.

About Rolls-Royce Holdings plc

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.