StockNews.com Begins Coverage on RBC Bearings (NASDAQ:ROLL)

StockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL - Free Report) in a research report report published on Sunday. The firm issued a hold rating on the stock.

RBC Bearings Price Performance

RBC Bearings stock traded down $3.74 during trading hours on Friday, reaching $300.19. The company had a trading volume of 144,234 shares, compared to its average volume of 155,583. RBC Bearings has a 12-month low of $152.90 and a 12-month high of $264.94. The firm has a market cap of $8.68 billion, a price-to-earnings ratio of 145.72 and a beta of 1.34. The company has a 50-day moving average price of $315.22 and a 200 day moving average price of $295.93.

RBC Bearings Company Profile

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.