The Rolls-Royce (LSE: RR) share price has been climbing steadily over the past few months.
Following this performance, year-to-date, the stock has increased in value by around 3%. Over the past six months, the performance is far more impressive.
Since the end of September last year, the Rolls-Royce share price has increased in value by more than 130%. Unfortunately, the stock still has a long way to go to recover from its pandemic losses. Since the end of 2019, shares in the aerospace and defence contractor have lost around 56% of their value.
However, past performance should never be used as a guide to future potential. And with the outlook for the business improving, I’m starting to wonder if the Rolls-Royce share price can continue to push higher and claw back some of its pandemic losses over the next few weeks and months.
Improving underlying trends
When the company reported … Read more