RBC Bearings (NASDAQ:ROLL) Trading Down 0.3% - Time to Sell?

Shares of RBC Bearings Incorporated (NASDAQ:ROLL - Get Free Report) dropped 0.3% on Thursday . The company traded as low as $373.11 and last traded at $375.59. Approximately 158,091 shares were traded during trading, an increase of 2% from the average daily volume of 155,583 shares. The stock had previously closed at $376.84.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen initiated coverage on RBC Bearings in a research report on Thursday, May 22nd. They set a "hold" rating on the stock.

RBC Bearings Price Performance

The company has a market cap of $10.72 billion, a P/E ratio of 179.88 and a beta of 1.34. The business has a 50-day moving average of $349.74 and a two-hundred day moving average of $337.70.

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.