RBC Bearings (NASDAQ:ROLL) Coverage Initiated by Analysts at StockNews.com
by Danessa Lincoln · The Markets DailyStockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL – Free Report) in a report published on Sunday morning. The firm issued a hold rating on the stock.
RBC Bearings Stock Performance
ROLL opened at $316.52 on Friday. RBC Bearings has a one year low of $152.90 and a one year high of $264.94. The stock has a market capitalization of $9.16 billion, a PE ratio of 153.65 and a beta of 1.34. The business’s 50 day moving average price is $290.13 and its 200 day moving average price is $282.12.
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.
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