Rolls-Royce Holdings (RR.L) 10-03-20
Rolls-Royce Holdings (RR.L) has dropped from highs of 941.2p. Will it continue, or could you pick up a bargain?
- Now trading at 581.27p (at time of writing). A return to period highs would mean a rise of 61%.
- This shares are amongst the most significant fallers in the period.
- Markets constantly over-react to adverse news. Traders should consider whether the fall is reasonable, or is this another over-reaction?
- Bargain hunters should be mindful of the underlying fundamentals.
- Shares -38% from 12-month highs; +2% from 12 month lows.