Rolls-Royce Holding PLC (OTCMKTS:RYCEY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $9.40 and last traded at $9.46, with a volume of 597764 shares traded. The stock had previously closed at $10.07.
Several research analysts recently issued reports on the company. Zacks Investment Research downgraded Rolls-Royce Holding PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. ValuEngine upgraded Rolls-Royce Holding PLC from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Three equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $13.00.
The company’s 50 day simple moving average is $10.86. The company has a market capitalization of $18.05 billion, a P/E ratio of 45.43, a PEG ratio of 1.87 and a beta of 0.95.
About Rolls-Royce Holding PLC (OTCMKTS:RYCEY)
Rolls-Royce Holdings plc operates as an industrial technology company worldwide. It operates through four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment manufactures aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.
Receive News & Ratings for Rolls-Royce Holding PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holding PLC and related companies with MarketBeat.com's FREE daily email newsletter.