RBC Bearings (NASDAQ:ROLL) Reaches New 1-Year High at $268.17

Shares of 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 traded. The stock had previously closed at $264.51.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on RBC Bearings in a research note on Friday, May 3rd. They set a “hold” rating on the stock.

RBC Bearings Stock Performance

The firm’s fifty day moving average price is $258.69 and its 200 day moving average price is $258.67. The firm has a market cap of $7.76 billion, a P/E ratio of 128.40 and a beta of 1.34.

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.