RBC Bearings (NASDAQ:ROLL) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL) in a report published on Thursday morning. The brokerage issued a hold rating on the stock.

RBC Bearings Stock Performance

RBC Bearings stock opened at $311.58 on Thursday. RBC Bearings has a fifty-two week low of $152.90 and a fifty-two week high of $264.94. The firm’s fifty day moving average price is $316.93 and its 200-day moving average price is $300.75. The stock has a market cap of $9.01 billion, a P/E ratio of 151.25 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.