Rolls-Royce Holdings (RR.L) 28-01-20
Shares in Rolls-Royce Holdings (RR.L) have dropped from recent highs of 988.4p. Are further falls imminent, or will investors benefit from this low price?
- A return to previous highs would represent a rise of 55%. Now trading at 635.8p (at time of writing).
- This stock is one of the most significant fallers in the period.
- Is the fall justified? Is a bounce due?
- The market has been known to over-react to negative news. Traders may wish to consider whether the fall is reasonable, or is the recent fall an over-reaction?
- Contrarian traders should be mindful of fundamentals and events, which can influence price. Check our website for updates.
- Shares -35% from 12-month highs; +0% from 12 month lows.
Latest News
07 Nov: Rolls-Royce Holdings issued a trading update, stating that although trading had been more favourable since the first half, it now anticipates full-year operating profits to the lower end of previous guidance.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires