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RBC Bearings (NASDAQ:ROLL) Trading Up 1.4% - Here's Why

RBC Bearings logo with Industrials background

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

(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.

See Also

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