Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Trading Up 11.1% – Should You Buy?

Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) were up 11.1% on Wednesday . The stock traded as high as $17.20 and last traded at $17.1975. Approximately 5,377,381 shares traded hands during trading, an increase of 27% from the average daily volume of 4,236,201 shares. The stock had previously closed at $15.48.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company upgraded Rolls-Royce Holdings PLC to a “strong-buy” rating in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Trading Up 11.4%

The business’s 50-day simple moving average is $16.94 and its two-hundred day simple moving average is $16.04. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 0.91.

Institutional Investors Weigh In On Rolls-Royce Holdings PLC

Several hedge funds have recently modified their holdings of RYCEY. ORG Partners LLC grew its position in Rolls-Royce Holdings PLC by 115.3% during the 3rd quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 1,055 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Rolls-Royce Holdings PLC in the 4th quarter worth about $33,000. Kelleher Financial Advisors bought a new position in Rolls-Royce Holdings PLC in the third quarter valued at about $37,000. Salomon & Ludwin LLC raised its position in Rolls-Royce Holdings PLC by 2,646.8% in the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock valued at $48,000 after purchasing an additional 2,938 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Rolls-Royce Holdings PLC by 30.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock valued at $112,000 after purchasing an additional 1,658 shares in the last quarter. Institutional investors and hedge funds own 0.07% of the company’s stock.

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.