Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Shares Pass Above 200-Day Moving Average of $3.88

Rolls-Royce Holdings plc (OTCMKTS:RYCEYGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.88 and traded as high as $4.99. Rolls-Royce Holdings plc shares last traded at $4.97, with a volume of 3,389,324 shares.

Rolls-Royce Holdings plc Trading Up 2.7 %

The company’s fifty day simple moving average is $4.87 and its 200-day simple moving average is $3.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RYCEY. Renaissance Group LLC bought a new position in Rolls-Royce Holdings plc during the 3rd quarter worth about $6,640,000. Henry James International Management Inc. bought a new position in Rolls-Royce Holdings plc during the 4th quarter worth about $607,000. Tieton Capital Management LLC bought a new position in Rolls-Royce Holdings plc during the 4th quarter worth about $75,000. HighPoint Advisor Group LLC bought a new position in Rolls-Royce Holdings plc during the 4th quarter worth about $65,000. Finally, Fulton Bank N.A. grew its holdings in Rolls-Royce Holdings plc by 67.1% during the 1st quarter. Fulton Bank N.A. now owns 46,448 shares of the aerospace company’s stock worth $250,000 after acquiring an additional 18,646 shares in the last quarter. 0.07% of the stock is currently owned by institutional investors.

About Rolls-Royce Holdings plc

(Get Free Report)

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.

Further Reading

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