RBC Bearings Incorporated (NASDAQ:ROLL - Get Free Report) rose 1.4% on Friday . The stock traded as high as $390.14 and last traded at $388.59. Approximately 98,635 shares changed hands during trading, a decline of 37% from the average daily volume of 155,583 shares. The stock had previously closed at $383.13.
Wall Street Analyst Weigh In
Separately, Wall Street Zen initiated coverage on RBC Bearings in a report on Thursday, May 22nd. They set a "hold" rating on the stock.
Check Out Our Latest Stock Report on RBC Bearings
RBC Bearings Stock Performance
The stock has a fifty day moving average of $368.01 and a 200 day moving average of $343.15. The company has a market capitalization of $11.20 billion, a P/E ratio of 187.85 and a beta of 1.34.
About RBC Bearings
(
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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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