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

Rolls-Royce Holdings plc (OTCMKTS:RYCEY)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 changing hands.

Rolls-Royce Holdings plc Stock Performance

The company’s 50-day moving average price is $4.92 and its two-hundred day moving average price is $3.90.

Hedge Funds Weigh In On Rolls-Royce Holdings plc

Several large investors have recently made changes to their positions in the business. Renaissance Group LLC purchased a new stake in Rolls-Royce Holdings plc during the third quarter valued at about $6,640,000. Henry James International Management Inc. purchased a new stake in Rolls-Royce Holdings plc during the fourth quarter valued at about $607,000. Fulton Bank N.A. lifted its stake in Rolls-Royce Holdings plc by 67.1% during the first quarter. Fulton Bank N.A. now owns 46,448 shares of the aerospace company’s stock valued at $250,000 after buying an additional 18,646 shares in the last quarter. Tieton Capital Management LLC purchased a new stake in Rolls-Royce Holdings plc during the fourth quarter valued at about $75,000. Finally, HighPoint Advisor Group LLC purchased a new stake in Rolls-Royce Holdings plc during the fourth quarter valued at about $65,000. Institutional investors 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.