Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.90 and traded as high as $19.99. Rolls-Royce Holdings PLC shares last traded at $19.62, with a volume of 1,418,996 shares.

Analysts Set New Price Targets

A number of brokerages have recently commented on RYCEY. Berenberg Bank upgraded shares of Rolls-Royce Holdings PLC from a “hold” rating to a “buy” rating in a research report on Friday, June 12th. BNP Paribas Exane initiated coverage on shares of Rolls-Royce Holdings PLC in a research report on Friday, May 29th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat, Rolls-Royce Holdings PLC presently has a consensus rating of “Buy”.

Rolls-Royce Holdings PLC Stock Up 1.6%

The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 0.91. The firm has a fifty day moving average of $19.72 and a 200 day moving average of $17.92.

Institutional Trading of Rolls-Royce Holdings PLC

Several large investors have recently added to or reduced their stakes in the stock. Pinnacle Wealth Management Advisory Group LLC purchased a new position in shares of Rolls-Royce Holdings PLC during the 1st quarter worth $1,963,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Rolls-Royce Holdings PLC in the fourth quarter valued at about $863,000. Ascentis Independent Advisors purchased a new stake in shares of Rolls-Royce Holdings PLC in the first quarter valued at about $350,000. Financial Avengers Inc. increased its position in Rolls-Royce Holdings PLC by 32.8% during the third quarter. Financial Avengers Inc. now owns 66,400 shares of the aerospace company’s stock worth $1,076,000 after purchasing an additional 16,400 shares during the last quarter. Finally, HighPoint Advisor Group LLC increased its position in Rolls-Royce Holdings PLC by 17.9% during the fourth quarter. HighPoint Advisor Group LLC now owns 45,752 shares of the aerospace company’s stock worth $719,000 after purchasing an additional 6,944 shares during the last quarter. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

Rolls-Royce Holdings PLC Company Profile

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.