RBC Bearings (NASDAQ:ROLL) Now Covered by StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the stock.

RBC Bearings Trading Up 2.2 %

RBC Bearings stock opened at $304.57 on Tuesday. The stock has a fifty day moving average price of $317.76 and a 200 day moving average price of $298.09. RBC Bearings has a 52 week low of $152.90 and a 52 week high of $264.94. The firm has a market capitalization of $8.81 billion, a P/E ratio of 147.85 and a beta of 1.34.

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.