Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Hits New 1-Year High at $6.42

Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY) reached a new 52-week high on Thursday . The company traded as high as $6.42 and last traded at $6.40, with a volume of 3758236 shares changing hands. The stock had previously closed at $6.37.

Rolls-Royce Holdings plc Price Performance

The firm has a 50 day moving average price of $5.84 and a 200 day moving average price of $5.25.

Institutional Trading of Rolls-Royce Holdings plc

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Henry James International Management Inc. grew its holdings in Rolls-Royce Holdings plc by 435.8% during the 1st quarter. Henry James International Management Inc. now owns 859,863 shares of the aerospace company’s stock valued at $4,626,000 after buying an additional 699,379 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in shares of Rolls-Royce Holdings plc in the 2nd quarter worth approximately $2,765,000. Atlas Capital Advisors LLC boosted its holdings in shares of Rolls-Royce Holdings plc by 60,646.2% in the 2nd quarter. Atlas Capital Advisors LLC now owns 111,773 shares of the aerospace company’s stock worth $640,000 after purchasing an additional 111,589 shares during the period. Rhumbline Advisers boosted its holdings in shares of Rolls-Royce Holdings plc by 19.0% in the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock worth $479,000 after purchasing an additional 13,353 shares during the period. Finally, Fulton Bank N.A. boosted its holdings in shares of Rolls-Royce Holdings plc by 33.1% in the 2nd quarter. Fulton Bank N.A. now owns 61,842 shares of the aerospace company’s stock worth $357,000 after purchasing an additional 15,394 shares during the period. 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.