Equities research analysts at StockNews.com started coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a report issued on Wednesday. The brokerage set a "hold" rating on the stock.
RBC Bearings Price Performance
ROLL stock traded up $1.19 on Wednesday, hitting $339.97. 282,902 shares of the company were exchanged, compared to its average volume of 155,583. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 165.03 and a beta of 1.34. RBC Bearings has a twelve month low of $152.90 and a twelve month high of $264.94. The business's fifty day moving average is $299.37 and its two-hundred day moving average is $289.16.
RBC Bearings Company Profile
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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.
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