RBC Bearings (NASDAQ:ROLL) Stock Price Down 0.3% - Time to Sell?
RBC Bearings Incorporated (NASDAQ:ROLL - Get Free Report)'s share price fell 0.3% during trading on Thursday . The stock traded as low as $373.11 and last traded at $375.59. 158,091 shares changed hands during trading, an increase of 2% from the average session volume of 155,583 shares. The stock had previously closed at $376.84.
Separately, Wall Street Zen began coverage on RBC Bearings in a research report on Thursday, May 22nd. They set a "hold" rating on the stock.
Check Out Our Latest Stock Report on ROLL
The stock has a market capitalization of $10.87 billion, a P/E ratio of 182.33 and a beta of 1.34. The firm has a 50-day moving average price of $347.20 and a 200 day moving average price of $337.29.
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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