RBC Bearings (NASDAQ:ROLL) Hits New 1-Year High at $303.17

RBC Bearings Incorporated (NASDAQ:ROLL)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $303.17 and last traded at $302.21, with a volume of 325508 shares trading hands. The stock had previously closed at $299.38.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on RBC Bearings in a research report on Tuesday, September 24th. They set a “hold” rating for the company.

RBC Bearings Price Performance

The firm’s fifty day moving average is $288.21 and its 200 day moving average is $276.78. The firm has a market capitalization of $8.74 billion, a price-to-earnings ratio of 145.57 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.