StockNews.com Initiates Coverage on RBC Bearings (NASDAQ:ROLL)

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

RBC Bearings Price Performance

Shares of NASDAQ ROLL opened at $290.50 on Monday. RBC Bearings has a 1 year low of $152.90 and a 1 year high of $264.94. The company’s 50-day moving average is $287.26 and its 200 day moving average is $274.92. The stock has a market capitalization of $8.40 billion, a P/E ratio of 141.02 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.