RBC Bearings (NASDAQ:ROLL) Now Covered by Analysts at Wall Street Zen

Wall Street Zen assumed coverage on shares of RBC Bearings (NASDAQ:ROLL - Free Report) in a report published on Thursday morning. The brokerage issued a hold rating on the stock.

RBC Bearings Stock Up 0.2%

Shares of NASDAQ ROLL traded up $0.73 during mid-day trading on Thursday, hitting $360.50. 176,228 shares of the company were exchanged, compared to its average volume of 155,583. The stock has a 50 day simple moving average of $336.42 and a 200-day simple moving average of $333.00. RBC Bearings has a 1-year low of $152.90 and a 1-year high of $264.94. The firm has a market cap of $10.43 billion, a price-to-earnings ratio of 175.00 and a beta of 1.34.

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.