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

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.46 and traded as high as $10.66. Rolls-Royce Holdings plc shares last traded at $10.60, with a volume of 4,432,195 shares.

Analyst Upgrades and Downgrades

Several research analysts have commented on RYCEY shares. Vertical Research raised Rolls-Royce Holdings plc to a “strong-buy” rating in a research note on Friday, February 28th. Citigroup downgraded Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a research note on Monday, January 6th.

Rolls-Royce Holdings plc Stock Down 0.1 %

The company has a 50 day moving average price of $8.20 and a 200-day moving average price of $7.46.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its holdings in Rolls-Royce Holdings plc by 60.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company’s stock valued at $43,000 after acquiring an additional 2,287 shares during the last quarter. Financial Avengers Inc. boosted its holdings in Rolls-Royce Holdings plc by 13.2% in the third quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock valued at $152,000 after acquiring an additional 2,500 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. HighPoint Advisor Group LLC boosted its holdings in Rolls-Royce Holdings plc by 17.0% in the fourth quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company’s stock valued at $233,000 after acquiring an additional 4,431 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Rolls-Royce Holdings plc by 35.7% in the fourth quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company’s stock valued at $182,000 after acquiring an additional 6,727 shares during the last quarter. Institutional investors and hedge funds own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Company Profile

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.