RBC Bearings (NASDAQ:ROLL) Reaches New 1-Year High – Time to Buy?

Shares of RBC Bearings Incorporated (NASDAQ:ROLL) reached a new 52-week high on Monday . The company traded as high as $339.60 and last traded at $333.56, with a volume of 155312 shares traded. The stock had previously closed at $334.39.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on RBC Bearings in a report on Thursday, December 5th. They issued a “hold” rating for the company.

RBC Bearings Trading Down 0.3 %

The company has a fifty day moving average price of $307.47 and a 200-day moving average price of $292.91. The firm has a market cap of $9.62 billion, a price-to-earnings ratio of 161.43 and a beta of 1.34.

About RBC Bearings

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.