StockNews.com Initiates Coverage on RBC Bearings (NASDAQ:ROLL)

StockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL - Free Report) in a research report released on Monday morning. The firm issued a hold rating on the stock.

RBC Bearings Price Performance

ROLL traded up $4.56 during trading on Monday, hitting $329.31. The stock had a trading volume of 130,277 shares, compared to its average volume of 155,583. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of 159.86 and a beta of 1.34. RBC Bearings has a one year low of $152.90 and a one year high of $264.94. The company has a 50 day moving average price of $334.40 and a 200-day moving average price of $324.13.

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.