RBC Bearings (NASDAQ:ROLL) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL - Free Report) in a report released on Monday morning. The firm issued a hold rating on the stock.

RBC Bearings Stock Performance

RBC Bearings stock traded up $3.84 during mid-day trading on Monday, reaching $301.65. 103,478 shares of the company were exchanged, compared to its average volume of 155,583. The firm has a market cap of $8.73 billion, a P/E ratio of 146.43 and a beta of 1.34. The business has a fifty day moving average of $316.62 and a 200 day moving average of $296.96. RBC Bearings has a 12-month low of $152.90 and a 12-month high of $264.94.

About RBC Bearings

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.