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What stocks were hot in the latest week? BP, Rolls-Royce and more

By Investing.comStock MarketsFeb 07, 2021 14:21
uk.investing.com/analysis/what-stocks-were-hot-in-the-latest-week-bp-rollsroyce-and-more-200455319
What stocks were hot in the latest week? BP, Rolls-Royce and more
By Investing.com   |  Feb 07, 2021 14:21
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BP

Oil major BP PLC (LON:BP) reported earnings on Tuesday where the company announced a $5.7bln loss in 2020. The FTSE 100 component saw its shares open the week at 274.25p which was its highest level. Shares hit a low 250.35p on Tuesday before rebounding slightly to close at 252.05p.

BP shares
BP shares

Rolls-Royce

Rolls-Royce Holdings PLC (LON:RR) manufactures engines for both civil and defence aircraft. The company has been impacted by a fall in miles flown by commercial aircraft as a proportion of their revenue comes from servicing and maintenance. Shares opened the week at 93.32p, hit a high of 96.44p on Wednesday before closing the week at 93.90p.

Rolls-Royce shares
Rolls-Royce shares

Lloyds Banking Group

Lloyds Banking Group PLC (LON:LLOY) shares had a strong week. The company benefitted after the Bank of England interest rate decision. Negative interest rates would squeeze margins even further at banks and the BoE effectively ruling it out in the term has been viewed positively for financials. Shares opened the week at 33.53p, hit a high of 37.49p on Friday before closing just off the high at 37.00p.

Lloyds shares
Lloyds shares

GameStop

GameStop Corp (NYSE:GME) has had a tough week. The darling of WallStreetBets has shed almost all the gains since the squeeze seen in the previous week. Shares opened the week at $315, hit a low of $51.15 on Friday before staging a small bounce to close the week at $63.77.

GameStop shares
GameStop shares

Novacyt

Anglo-French diagnostics company Novacyt (LON:NCYT) has again been popular. On Tuesday, the company announced they had launched new PCR test to help detect the new prevalent variants of Covid-19. Shares opened the week at £8.98, hit a low of £8.01 on Thursday before closing the week at £8.05.

Novacyt shares
Novacyt shares

What stocks were hot in the latest week? BP, Rolls-Royce and more
 

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What stocks were hot in the latest week? BP, Rolls-Royce and more

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Comments (2)
Ng Zen ng
Ng Zen ng Feb 07, 2021 15:57
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sky are still empties...
Wayne Stokes
Wayne Stokes Feb 07, 2021 15:21
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Rolls Royce Hot??? Seriously! someone writing this must have big bags in there! Was hardly up 2% for the week and is 13% down for the month with more bad news over the weekend, EPS will be terrible next quarter!
Rehan Ahmed Khan
Rehan Ahmed Khan Feb 07, 2021 15:21
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Rolls-Royce will bounce back very strongly as soon as the travel restrictions are lifted. it has got immense potential and looking forward to Green Aviation towards Zero Carbon targets. I am long I. RR and it is currently at real bargain cheap price. Will buy loads more next week
Mark Sandifer
Mark Sandifer Feb 07, 2021 15:21
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Anyone looking for longterm investment should be looking at RR. and other companies that have been hit hard by the pandemic. Bargains like Global Ports, Rolls Royce and General Electric have all been hit hard by current circumstances, anyone looking invest long term in these will be rewarded long term.
Stefan Mott
Stefan Mott Feb 07, 2021 15:21
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@wayne:..very funny
Kevin Wilson
Kevin Wilson Feb 07, 2021 15:21
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Rolls Royce ..Buy the dip!🤑
 
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