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RBC Bearings (NASDAQ:ROLL) Shares Down 2.5% - What's Next?

RBC Bearings logo with Industrials background

Key Points

  • RBC Bearings' shares fell by 2.5% during mid-day trading, with the stock last traded at $374.99 after hitting a low of $367.81.
  • The company has a market cap of $10.85 billion and operates in the aerospace/defense and industrial segments, producing a variety of precision bearings and components.
  • Trading volume increased significantly, with approximately 306,574 shares changing hands, nearly doubling the average daily volume of 155,583 shares.
  • MarketBeat previews top five stocks to own in November.

RBC Bearings Incorporated (NASDAQ:ROLL - Get Free Report) was down 2.5% during mid-day trading on Friday . The stock traded as low as $367.81 and last traded at $374.99. Approximately 306,574 shares traded hands during trading, an increase of 97% from the average daily volume of 155,583 shares. The stock had previously closed at $384.80.

RBC Bearings Price Performance

The business has a 50-day moving average of $390.22 and a two-hundred day moving average of $367.77. The company has a market cap of $10.85 billion, a P/E ratio of 182.03 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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