RBC Bearings (NASDAQ:ROLL) Reaches New 52-Week High – Here’s Why

by · The Markets Daily

RBC Bearings Incorporated (NASDAQ:ROLL – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $287.51 and last traded at $285.83, with a volume of 144440 shares traded. The stock had previously closed at $288.57.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of RBC Bearings in a research note on Saturday, October 26th. They set a “hold” rating on the stock.

View Our Latest Research Report on RBC Bearings

RBC Bearings Trading Up 0.2 %

The company’s 50 day moving average is $290.22 and its 200 day moving average is $280.61. The stock has a market capitalization of $8.28 billion, a price-to-earnings ratio of 139.01 and a beta of 1.34.

About RBC Bearings

(Get Free Report)

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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