RBC Bearings (NASDAQ:ROLL) Hits New 1-Year High at $286.44

RBC Bearings Incorporated (NASDAQ:ROLL)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $286.44 and last traded at $284.29, with a volume of 93137 shares traded. The stock had previously closed at $282.59.

Wall Street Analyst Weigh In

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

RBC Bearings Price Performance

The company has a market capitalization of $8.22 billion, a PE ratio of 137.18 and a beta of 1.34. The stock’s 50 day simple moving average is $285.31 and its 200-day simple moving average is $274.03.

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.