Rolls-Royce Holdings (RR.L) 16-12-19
Will Rolls-Royce Holdings (RR.L) shares break through support at 700p, or push upwards again to 977p (+39%)?
- Shares trading at 701.8p, near the 700p support (at time of writing).
- Will the pattern repeat this time? This support has proven to be a key level in the recent past.
- 977p was the recent high. (+39%)
- Shares -29% from 12-month highs; +2% from 12 month lows.
Latest News
07 Nov: Rolls-Royce said that although trading had improved since the first half, it now anticipates that operating profits for the year will be at the lower end of the company’s previous guidance.
07 Dec: Rolls-Royce has won a £10m contract to supply and design two offshore supply ships for Gulf Offshore North Sea Ltd.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires