StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a note issued to investors on Tuesday. The firm set a "hold" rating on the stock.
RBC Bearings Trading Up 0.0%
NASDAQ:ROLL traded up $0.06 during trading hours on Tuesday, hitting $349.25. The company's stock had a trading volume of 115,812 shares, compared to its average volume of 155,583. The stock has a market capitalization of $10.10 billion, a P/E ratio of 169.54 and a beta of 1.34. The stock has a fifty day moving average of $331.21 and a 200-day moving average of $327.38. RBC Bearings has a 52-week low of $152.90 and a 52-week high of $264.94.
RBC Bearings Company Profile
(
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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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