Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Reaches New 1-Year High – What’s Next?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $17.77 and last traded at $17.73, with a volume of 1059176 shares trading hands. The stock had previously closed at $17.62.

Analyst Ratings Changes

Several research firms have weighed in on RYCEY. Royal Bank Of Canada initiated coverage on shares of Rolls-Royce Holdings PLC in a report on Tuesday, November 18th. They set an “outperform” rating on the stock. Berenberg Bank upgraded Rolls-Royce Holdings PLC to a “hold” rating in a research note on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Trading Down 0.1%

The stock has a 50 day moving average price of $16.53 and a 200 day moving average price of $15.50. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.94 and a current ratio of 1.25.

Institutional Trading of Rolls-Royce Holdings PLC

Several hedge funds have recently made changes to their positions in RYCEY. ORG Partners LLC increased its holdings in Rolls-Royce Holdings PLC by 115.3% in the 3rd quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 1,055 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Rolls-Royce Holdings PLC during the fourth quarter worth about $33,000. Kelleher Financial Advisors purchased a new position in shares of Rolls-Royce Holdings PLC in the third quarter worth about $37,000. Salomon & Ludwin LLC raised its position in shares of 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 purchasing an additional 2,938 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Rolls-Royce Holdings PLC by 30.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock valued at $112,000 after buying an additional 1,658 shares in the last quarter. 0.07% of the stock is currently owned by institutional investors.

About Rolls-Royce Holdings PLC

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.