Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Rolls-Royce Holdings plc (OTCMKTS:RYCEY)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.93 and traded as high as $7.57. Rolls-Royce Holdings plc shares last traded at $7.57, with a volume of 4,902,922 shares.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded shares of Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a report on Monday, January 6th.

Rolls-Royce Holdings plc Price Performance

The firm’s fifty day moving average is $7.28 and its two-hundred day moving average is $6.93.

Institutional Investors Weigh In On Rolls-Royce Holdings plc

Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. boosted its position in shares of 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 valued at $43,000 after purchasing an additional 2,287 shares in the last quarter. Financial Avengers Inc. boosted its position in shares of Rolls-Royce Holdings plc by 13.2% during the 3rd quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock valued at $152,000 after purchasing an additional 2,500 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of 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 worth $46,000 after buying an additional 3,904 shares during the period. GAMMA Investing LLC boosted its holdings in shares of 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 worth $182,000 after buying an additional 6,727 shares during the period. Finally, Henry James International Management Inc. boosted its holdings in shares of Rolls-Royce Holdings plc by 1.6% in the fourth quarter. Henry James International Management Inc. now owns 978,600 shares of the aerospace company’s stock worth $6,962,000 after buying an additional 15,436 shares during the period. 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.