Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Hits New 52-Week High – What’s Next?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $18.94 and last traded at $18.76, with a volume of 497815 shares. The stock had previously closed at $18.19.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada assumed coverage on Rolls-Royce Holdings PLC in a report on Tuesday, November 18th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Rolls-Royce Holdings PLC currently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Stock Performance

The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.17. The business’s fifty day moving average price is $16.97 and its two-hundred day moving average price is $15.67.

Institutional Trading of Rolls-Royce Holdings PLC

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RYCEY. ORG Partners LLC boosted its stake in shares of Rolls-Royce Holdings PLC by 115.3% during the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 1,055 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Rolls-Royce Holdings PLC in the 4th quarter worth $33,000. Kelleher Financial Advisors bought a new position in shares of Rolls-Royce Holdings PLC during the 3rd quarter worth approximately $37,000. Salomon & Ludwin LLC lifted its position in Rolls-Royce Holdings PLC by 2,646.8% during the third 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. boosted its stake in Rolls-Royce Holdings PLC by 30.5% in the fourth 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 in the last quarter. 0.07% of the stock is owned by hedge funds and other 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.