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

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.30 and traded as high as $17.79. Rolls-Royce Holdings PLC shares last traded at $17.73, with a volume of 2,138,713 shares.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company raised shares of Rolls-Royce Holdings PLC to a “strong-buy” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Trading Up 2.3%

The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 1.03. The company’s 50-day moving average is $16.30 and its 200 day moving average is $16.30.

Institutional Trading of Rolls-Royce Holdings PLC

Institutional investors have recently modified their holdings of the stock. Rhumbline Advisers boosted its position in Rolls-Royce Holdings PLC by 1.5% during the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock worth $1,103,000 after acquiring an additional 1,205 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Rolls-Royce Holdings PLC by 30.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock worth $112,000 after acquiring an additional 1,658 shares during the last quarter. AdvisorShares Investments LLC boosted its position in Rolls-Royce Holdings PLC by 2.8% during the fourth quarter. AdvisorShares Investments LLC now owns 68,381 shares of the aerospace company’s stock worth $1,075,000 after acquiring an additional 1,881 shares during the last quarter. Dorsey Wright & Associates boosted its position in Rolls-Royce Holdings PLC by 2.2% during the fourth quarter. Dorsey Wright & Associates now owns 99,391 shares of the aerospace company’s stock worth $1,537,000 after acquiring an additional 2,117 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Rolls-Royce Holdings PLC during the fourth quarter worth about $33,000. Institutional investors and hedge funds own 0.07% of the company’s stock.

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.