Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $15.80 and traded as high as $18.19. Rolls-Royce Holdings PLC shares last traded at $17.41, with a volume of 4,077,437 shares trading hands.

Analyst Ratings Changes

Separately, Royal Bank Of Canada began coverage on Rolls-Royce Holdings PLC in a report on Tuesday, November 18th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Stock Down 1.8%

The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.17. The firm’s fifty day simple moving average is $17.30 and its 200 day simple moving average is $15.82.

Hedge Funds Weigh In On Rolls-Royce Holdings PLC

A number of institutional investors and hedge funds have recently modified their holdings of RYCEY. ORG Partners LLC increased its holdings in Rolls-Royce Holdings PLC by 115.3% in the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock valued at $32,000 after buying an additional 1,055 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Rolls-Royce Holdings PLC during the 4th quarter worth about $33,000. Kelleher Financial Advisors acquired a new position in shares of Rolls-Royce Holdings PLC during the 3rd quarter worth about $37,000. Salomon & Ludwin LLC increased its holdings in shares of Rolls-Royce Holdings PLC by 2,646.8% in the 3rd quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock valued at $48,000 after acquiring an additional 2,938 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Rolls-Royce Holdings PLC by 30.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock valued at $112,000 after acquiring an additional 1,658 shares during the last quarter. Institutional investors and hedge funds 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.