Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Sees Strong Trading Volume – Still a Buy?

Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) saw strong trading volume on Friday. 2,467,607 shares traded hands during trading, a decline of 23% from the previous session’s volume of 3,190,215 shares. The stock last traded at $18.09 and had previously closed at $18.11.

Rolls-Royce Holdings PLC Trading Down 0.5%

The stock’s fifty day moving average is $19.79 and its two-hundred day moving average is $18.38. The company has a quick ratio of 0.93, a current ratio of 1.24 and a debt-to-equity ratio of 1.34.

Institutional Trading of Rolls-Royce Holdings PLC

A number of large investors have recently added to or reduced their stakes in the stock. Henry James International Management Inc. grew its position in shares of Rolls-Royce Holdings PLC by 17.2% during the 3rd quarter. Henry James International Management Inc. now owns 662,815 shares of the aerospace company’s stock valued at $12,870,000 after acquiring an additional 97,466 shares during the period. GAMMA Investing LLC increased its stake in shares of Rolls-Royce Holdings PLC by 15.4% during the 3rd quarter. GAMMA Investing LLC now owns 53,877 shares of the aerospace company’s stock worth $1,044,000 after purchasing an additional 7,189 shares during the last quarter. Fulton Bank N.A. increased its stake in shares of Rolls-Royce Holdings PLC by 28.3% during the 2nd quarter. Fulton Bank N.A. now owns 15,668 shares of the aerospace company’s stock worth $300,000 after purchasing an additional 3,454 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Rolls-Royce Holdings PLC by 65.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,736 shares of the aerospace company’s stock worth $181,000 after purchasing an additional 4,641 shares during the period. Finally, Ascentis Independent Advisors bought a new stake in shares of Rolls-Royce Holdings PLC in the 1st quarter worth approximately $350,000. Hedge funds and other institutional investors own 0.07% of the company’s stock.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc is a United Kingdom-based industrial technology company that designs, manufactures and services power systems for civil aerospace, defense and other industrial applications. The company is separate from the automobile manufacturer that bears the Rolls-Royce name.

In its civil aerospace business, Rolls-Royce produces large commercial aircraft engines and provides long-term maintenance, repair and overhaul services. Its defense business supplies engines and power systems for military aircraft, naval vessels and land-based applications.