Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Shares Gap Down – Time to Sell?

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $15.94, but opened at $15.31. Rolls-Royce Holdings PLC shares last traded at $15.1890, with a volume of 445,420 shares traded.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised shares of Rolls-Royce Holdings PLC to a “strong-buy” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Trading Up 11.4%

The company’s 50 day moving average price is $16.95 and its two-hundred day moving average price is $16.05. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 0.91.

Hedge Funds Weigh In On Rolls-Royce Holdings PLC

A number of institutional investors have recently bought and sold shares of RYCEY. Bowen Hanes & Co. Inc. raised its stake in Rolls-Royce Holdings PLC by 6.9% during the third quarter. Bowen Hanes & Co. Inc. now owns 4,321,380 shares of the aerospace company’s stock worth $70,006,000 after purchasing an additional 278,070 shares during the period. Financially Speaking Inc purchased a new position in Rolls-Royce Holdings PLC during the third quarter worth about $1,808,000. Mcintyre Freedman & Flynn Investment Advisers Inc. purchased a new position in Rolls-Royce Holdings PLC during the third quarter worth about $1,690,000. Dorsey Wright & Associates purchased a new position in Rolls-Royce Holdings PLC during the third quarter worth about $1,558,000. Finally, AdvisorShares Investments LLC purchased a new position in Rolls-Royce Holdings PLC during the third quarter worth about $1,077,000. 0.07% of the stock is owned by hedge funds and other institutional investors.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.