Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Reaches New 12-Month High – What’s Next?

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) reached a new 52-week high on Wednesday . The stock traded as high as $7.62 and last traded at $7.48, with a volume of 3329149 shares trading hands. The stock had previously closed at $7.41.

Rolls-Royce Holdings plc Stock Performance

The business has a 50-day moving average of $6.94 and a two-hundred day moving average of $6.16.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. GAMMA Investing LLC raised its position in Rolls-Royce Holdings plc by 49.5% in the second quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company’s stock worth $59,000 after purchasing an additional 3,430 shares in the last quarter. Torray Investment Partners LLC bought a new position in shares of Rolls-Royce Holdings plc during the 2nd quarter worth approximately $286,000. Fulton Bank N.A. lifted its position in shares of Rolls-Royce Holdings plc by 33.1% during the 2nd quarter. Fulton Bank N.A. now owns 61,842 shares of the aerospace company’s stock worth $357,000 after buying an additional 15,394 shares during the period. Rhumbline Advisers boosted its stake in Rolls-Royce Holdings plc by 19.0% in the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock valued at $479,000 after buying an additional 13,353 shares in the last quarter. Finally, Atlas Capital Advisors LLC grew its position in Rolls-Royce Holdings plc by 60,646.2% in the second quarter. Atlas Capital Advisors LLC now owns 111,773 shares of the aerospace company’s stock valued at $640,000 after acquiring an additional 111,589 shares during the period. 0.07% of the stock is currently 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.