RBC Bearings (NASDAQ:ROLL) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a "hold" rating on the stock.

RBC Bearings Stock Performance

Shares of NASDAQ:ROLL traded up $6.65 during trading on Tuesday, reaching $320.13. 160,757 shares of the stock traded hands, compared to its average volume of 155,583. The stock has a 50-day moving average of $293.80 and a two-hundred day moving average of $285.92. RBC Bearings has a 52-week low of $152.90 and a 52-week high of $264.94. The stock has a market cap of $9.26 billion, a P/E ratio of 152.17 and a beta of 1.34.

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.