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

StockNews.com began coverage on shares of RBC Bearings (NASDAQ:ROLL) in a report released on Sunday morning. The brokerage issued a hold rating on the stock.

RBC Bearings Stock Down 0.4 %

ROLL opened at $294.06 on Friday. The firm has a market cap of $8.51 billion, a P/E ratio of 142.75 and a beta of 1.34. RBC Bearings has a 52 week low of $152.90 and a 52 week high of $264.94. The business’s fifty day simple moving average is $261.18 and its 200 day simple moving average is $262.75.

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.