RBC Bearings Incorporated (NASDAQ:ROLL - Get Free Report) dropped 0.7% on Tuesday . The stock traded as low as $385.61 and last traded at $385.62. Approximately 184,455 shares traded hands during trading, an increase of 19% from the average daily volume of 155,583 shares. The stock had previously closed at $388.37.
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.
View Our Latest Research Report on ROLL
RBC Bearings Stock Performance
The firm has a market cap of $11.57 billion, a price-to-earnings ratio of 194.08 and a beta of 1.34. The firm has a 50-day moving average price of $378.90 and a two-hundred day moving average price of $352.86.
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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