Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 traded.
Analyst Upgrades and Downgrades
Separately, Citigroup downgraded Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a research note on Monday, January 6th.
Read Our Latest Stock Analysis on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Stock Down 2.7 %
The business's fifty day simple moving average is $7.20 and its two-hundred day simple moving average is $6.83.
Institutional Trading of Rolls-Royce Holdings plc
A hedge fund recently raised its stake in Rolls-Royce Holdings plc stock. GAMMA Investing LLC increased its position in Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Free Report) by 82.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,846 shares of the aerospace company's stock after purchasing 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 SEC filing. 0.07% of the stock is owned by institutional investors.
Rolls-Royce Holdings plc Company Profile
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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.
Further Reading
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