RBC Bearings (NASDAQ:ROLL) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a note issued to investors on Thursday. The firm set a "hold" rating on the stock.

RBC Bearings Trading Down 1.2 %

ROLL traded down $3.64 during trading hours on Thursday, hitting $311.58. The company's stock had a trading volume of 81,434 shares, compared to its average volume of 155,583. The business's 50-day moving average price is $317.19 and its 200-day moving average price is $300.67. RBC Bearings has a 12 month low of $152.90 and a 12 month high of $264.94. The stock has a market cap of $9.01 billion, a price-to-earnings ratio of 151.25 and a beta of 1.34.

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.