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

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

RBC Bearings Trading Down 0.2 %

NASDAQ:ROLL traded down $0.74 during trading hours on Monday, hitting $328.57. 184,436 shares of the company were exchanged, compared to its average volume of 155,583. The stock has a market capitalization of $9.51 billion, a price-to-earnings ratio of 159.50 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 fifty day simple moving average of $333.04 and a 200 day simple moving average of $324.50.

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.