Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.35 and traded as high as $10.43. Rolls-Royce Holdings plc shares last traded at $10.42, with a volume of 2,555,258 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Kepler Capital Markets upgraded shares of Rolls-Royce Holdings plc from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 9th. Vertical Research upgraded shares of Rolls-Royce Holdings plc to a “strong-buy” rating in a research note on Friday, February 28th.

Rolls-Royce Holdings plc Stock Down 1.0%

The company’s 50 day moving average price is $10.00 and its 200 day moving average price is $8.35.

Rolls-Royce Holdings plc Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Tuesday, April 22nd will be paid a $0.0761 dividend. The ex-dividend date is Tuesday, April 22nd.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in RYCEY. PNC Financial Services Group Inc. grew its holdings in Rolls-Royce Holdings plc by 60.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company’s stock worth $43,000 after acquiring an additional 2,287 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in Rolls-Royce Holdings plc by 152.1% in the fourth quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company’s stock valued at $46,000 after acquiring an additional 3,904 shares during the last quarter. SVB Wealth LLC acquired a new stake in Rolls-Royce Holdings plc in the fourth quarter worth about $144,000. Financial Avengers Inc. raised its holdings in Rolls-Royce Holdings plc by 32.6% during the 4th quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company’s stock worth $203,000 after purchasing an additional 7,000 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Rolls-Royce Holdings plc by 14.7% during the 1st quarter. GAMMA Investing LLC now owns 29,344 shares of the aerospace company’s stock worth $288,000 after purchasing an additional 3,771 shares during the last quarter. 0.07% of the stock is owned by institutional investors.

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.