RBC Bearings (NASDAQ:ROLL) Coverage Initiated by 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 Wednesday. The firm set a "hold" rating on the stock.

RBC Bearings Trading Down 1.1 %

NASDAQ ROLL traded down $3.55 during trading hours on Wednesday, reaching $330.02. 276,059 shares of the company traded hands, 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 stock has a market capitalization of $9.55 billion, a PE ratio of 160.20 and a beta of 1.34. The company has a 50 day moving average of $342.14 and a two-hundred day moving average of $317.47.

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.