Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.54 and traded as high as $7.49. Rolls-Royce Holdings plc shares last traded at $7.31, with a volume of 1,719,044 shares.

Rolls-Royce Holdings plc Stock Up 0.1 %

The company has a 50 day simple moving average of $7.23 and a 200-day simple moving average of $6.56.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RYCEY. GAMMA Investing LLC raised its stake in shares of Rolls-Royce Holdings plc by 82.0% in the third quarter. GAMMA Investing LLC now owns 18,846 shares of the aerospace company’s stock worth $133,000 after purchasing an additional 8,491 shares during the last quarter. Financial Avengers Inc. grew its stake in Rolls-Royce Holdings plc by 13.2% in 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 during the period. Torray Investment Partners LLC purchased a new stake in Rolls-Royce Holdings plc during the second quarter worth about $286,000. Rhumbline Advisers raised its holdings in shares of Rolls-Royce Holdings plc by 19.0% in the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock worth $479,000 after purchasing an additional 13,353 shares during the period. Finally, Atlas Capital Advisors LLC lifted its position in shares of Rolls-Royce Holdings plc by 60,646.2% during the 2nd quarter. Atlas Capital Advisors LLC now owns 111,773 shares of the aerospace company’s stock valued at $640,000 after buying an additional 111,589 shares during the last quarter. 0.07% of the stock is owned by institutional investors and hedge funds.

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.