News

Oct 18, 2024

RBC Bearings (NASDAQ:ROLL) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a report released on Friday. The firm set a "hold" rating on the stock. Shares of

Equities researchers at StockNews.com assumed coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Free Report) in a report released on Friday. The firm set a "hold" rating on the stock.

Shares of ROLL stock traded down $0.41 during trading on Friday, reaching $290.20. The company's stock had a trading volume of 84,448 shares, compared to its average volume of 155,583. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 140.87 and a beta of 1.34. The stock's 50-day moving average price is $289.33 and its 200 day moving average price is $278.70. RBC Bearings has a 1-year low of $152.90 and a 1-year high of $264.94.

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.

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