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

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen started coverage on shares of RBC Bearings in a research report on Thursday, May 22nd. They set a "hold" rating for the company.

RBC Bearings Price Performance

The company has a market cap of $10.76 billion, a price-to-earnings ratio of 180.46 and a beta of 1.34. The company's 50-day simple moving average is $347.20 and its 200-day simple moving average is $337.29.

About RBC Bearings

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.