Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Sees Strong Trading Volume – Should You Buy?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) saw unusually-high trading volume on Thursday . Approximately 3,582,487 shares were traded during trading, a decline of 4% from the previous session’s volume of 3,742,500 shares.The stock last traded at $16.74 and had previously closed at $16.49.

Analyst Upgrades and Downgrades

RYCEY has been the topic of a number of research analyst reports. BNP Paribas Exane initiated coverage on Rolls-Royce Holdings PLC in a report on Friday, May 29th. They set an “outperform” rating on the stock. Wells Fargo & Company upgraded Rolls-Royce Holdings PLC to a “strong-buy” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Trading Up 3.0%

The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 1.03. The business has a fifty day moving average price of $16.53 and a two-hundred day moving average price of $16.45.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RYCEY. Rhumbline Advisers grew its stake in Rolls-Royce Holdings PLC by 1.5% in the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock valued at $1,103,000 after purchasing an additional 1,205 shares in the last quarter. Financially Speaking Inc purchased a new position in Rolls-Royce Holdings PLC in the third quarter valued at about $1,808,000. Bowen Hanes & Co. Inc. grew its stake in Rolls-Royce Holdings PLC by 6.9% in the third quarter. Bowen Hanes & Co. Inc. now owns 4,321,380 shares of the aerospace company’s stock valued at $70,006,000 after purchasing an additional 278,070 shares in the last quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. purchased a new position in Rolls-Royce Holdings PLC in the third quarter valued at about $1,690,000. Finally, Kelleher Financial Advisors purchased a new position in Rolls-Royce Holdings PLC in the third quarter valued at about $37,000. Hedge funds and other institutional investors own 0.07% of the company’s stock.

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.