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

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

RBC Bearings Trading Down 0.9 %

Shares of NASDAQ ROLL opened at $285.83 on Friday. The firm has a fifty day simple moving average of $290.31 and a two-hundred day simple moving average of $280.36. RBC Bearings has a 12 month low of $152.90 and a 12 month high of $264.94. The firm has a market capitalization of $8.27 billion, a PE ratio of 138.75 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.