Aero-engine maker Rolls-Royce powers both military and civil aircraft and is a big supplier of power generating turbines to the marine and energy markets. The company, once famous for its prestige motor cars, sold the car business to Vickers in 1980, but retained the rights to the brand name. These rights were transferred to Germany's Volkswagen in 1998 and then passed on to BMW in 2003.
Rolls-royce Holdings Plc Ord Shs 20P is listed on the London Stock Exchange trading with ticker code RR..L, and is part of the Aeronautics and Defence sector. It has a market capitalisation of £0.00, with approximately 1,896m shares in issue.
Rolls-royce, officially known as Rolls-royce Holdings Plc Ord Shs 20P was formed in February of 2011, making the company eight years old. The company filed its latest accounts on 31st December 2014, showing a turnover of approximately 13.74 billion GBX with gross profits of 3.20 billion, or 1.6896 per issued share, and a pre-tax profit margin of 0.49%. Rolls-royce currently has 12 directors, and has had 13 previous directors over the last 8 years. In the last set of accounts produced by Kpmg Llp, the company showed 3.36 billion paid in salaries to the 54,100 staff (average wage of 62 thousand), with the directors receiving an average 578 thousand each. In the accounts filed in 2014, the company paid 76000000 in dividends, or 0.0401 per share. These accounts also showed Rolls-royce to have a net worth of 1.58 billion, with 2.86 billion held in cash.
Rolls-royce is in the Aeronautics and Defence sector.
|Cobham Plc (COB.L)|
|Anglo American Plc (AAL.L)|
|Shares in Issue||1,896m|
|52 Week High||0.00|
|52 Week Low||0.00|
Rolls Royce looks like an avoid at the current levels. The stock finished trading on the London stock exchange at 846p a share on 24th may. Currently, the stock has been trading below its 50 day moving average (DMA), 100 DMA and slightly above 20 DMA of 860p, 858p and 841p respectively. In terms of charting or technical analysis too, the stock has been forming a downward trend line on the daily charts which further confirms the bearish trend of the stock. However, we expect the downside to continue and traders should avoid initiating any fresh long positions in the stock. The immediate support and resistance for the stock lies at 830p and 870p respectively. (Read more)
Rolls Royce is a Hold at the current level as we see an upside of up to 8% from the current level. The stock finished trading on the London stock exchange at 899p a share on Monday, down by 0.83% compared to the previous close. In terms of technical analysis or charting, the stock has been forming double bottom pattern which indicates that the uptrend shall resume anytime. We expect the stock to bottom out at 880p and fresh buying can be initiated around that level. Currently, the stock has been trading below 20 day moving average (DMA), 50 DMA and above 100 DMA of 925p, 920p and 886p. Clearly, the 100 day moving average would likely to act as very strong support zone for the stock. The immediate resistance would likely be at 970p. Therefore, we would advise traders or investors to buy Rolls Royce once it has bottomed out at around 880p with a target of 960p. The momentum oscillators also indicate the same thing that the stock might correct for a few days, but shall bottom out and be in oversold zone very soon. Hence, traders or investors shall keep an eye at the respective levels and initiate the fresh longs accordingly. (Read more)
Rolls Royce shall be a ‘hold’ at the current levels as the recent rally and consolidation of the stock confirms the fact that the stock has overcome the negative impact of the change in accounting standards. We stated in our last article that the fresh positions can be built in Rolls Royce, in case the stock breaches the 687p and it did pierce 687p and continued to rally. However, lately the stock has been going through a consolidation and correction mode. Therefore, once the stock is done with its correction and consolidation, fresh longs can be initiated again. (Read more)