RBC Bearings (NASDAQ:ROLL) Sets New 12-Month High at $268.17

RBC Bearings Incorporated (NASDAQ:ROLL) hit a new 52-week high on Thursday . The stock traded as high as $268.17 and last traded at $268.15, with a volume of 98708 shares. The stock had previously closed at $264.51.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on RBC Bearings in a report on Friday, May 3rd. They issued a “hold” rating for the company.

RBC Bearings Stock Up 1.4 %

The stock has a market capitalization of $7.76 billion, a PE ratio of 128.40 and a beta of 1.34. The firm has a 50 day moving average price of $258.69 and a 200-day moving average price of $258.67.

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.