RBC Bearings (NASDAQ:ROLL) Hits New 12-Month High at $299.25

RBC Bearings Incorporated (NASDAQ:ROLL)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $299.25 and last traded at $291.54, with a volume of 122358 shares traded. The stock had previously closed at $295.28.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on RBC Bearings in a research report on Monday, May 27th. They set a “hold” rating on the stock.

RBC Bearings Trading Down 1.3 %

The stock has a 50 day simple moving average of $265.08 and a 200-day simple moving average of $266.24. The firm has a market cap of $8.43 billion, a P/E ratio of 143.34 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.