RBC Bearings (NASDAQ:ROLL) Reaches New 1-Year High at $296.10

Shares of RBC Bearings Incorporated (NASDAQ:ROLL) hit a new 52-week high during trading on Monday . The company traded as high as $296.10 and last traded at $294.78, with a volume of 91334 shares trading hands. The stock had previously closed at $292.66.

Analyst Ratings Changes

Separately, StockNews.com began coverage on RBC Bearings in a research report on Sunday. They set a “hold” rating on the stock.

RBC Bearings Stock Up 0.7 %

The business has a 50-day simple moving average of $278.34 and a two-hundred day simple moving average of $269.55. The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 142.07 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.