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

Equities researchers at StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the stock.

RBC Bearings Stock Performance

Shares of NASDAQ ROLL opened at $313.48 on Tuesday. RBC Bearings has a one year low of $152.90 and a one year high of $264.94. The firm has a market capitalization of $9.07 billion, a P/E ratio of 152.17 and a beta of 1.34. The company’s fifty day moving average is $293.80 and its two-hundred day moving average is $285.92.

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.