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

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.

Rolls-Royce Holdings plc Price Performance

The business’s 50 day moving average is $7.23 and its 200-day moving average is $6.56.

Institutional Trading of Rolls-Royce Holdings plc

Several large investors have recently bought and sold shares of the business. Financial Avengers Inc. increased its holdings 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 worth $152,000 after purchasing an additional 2,500 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Rolls-Royce Holdings plc by 82.0% during 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 period. Torray Investment Partners LLC bought a new stake in shares of Rolls-Royce Holdings plc in the second quarter worth $286,000. Rhumbline Advisers raised its position in Rolls-Royce Holdings plc by 19.0% during 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 last quarter. Finally, Hantz Financial Services Inc. acquired a new position in Rolls-Royce Holdings plc during the 2nd quarter worth about $2,765,000. 0.07% of the stock is owned by institutional investors and hedge funds.

About Rolls-Royce Holdings plc

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.