After an 18% fall, is Rolls-Royce’s share price now just too cheap for me to ignore?
Rolls-Royce’s (RR.L) share price has tumbled 18% from its 19 March one-year traded high of £8.18. Much of this fall followed US President Donald Trump’s 2 April rollout of 10% tariffs on UK imports into the country.
Higher tariffs will be applied on goods from around 60 countries and/or trading blocs claimed to show a high trade deficit with the US. These include China (now 104%) and the European Union (20%).
My key question when a stock has fallen in such circumstances is whether it is worth me buying on the dip. So I took a deep dive into the business and ran the key numbers to find out if it is.
I think it critical here to clarify that the Rolls-Royce shares quoted in the FTSE 100 (Source link