RBC Bearings (NASDAQ:ROLL) Trading Up 0.1% – Here’s Why

RBC Bearings Incorporated (NASDAQ:ROLL)’s share price shot up 0.1% on Wednesday . The stock traded as high as $559.59 and last traded at $552.93. 116,024 shares were traded during mid-day trading, a decline of 25% from the average session volume of 155,583 shares. The stock had previously closed at $552.44.

RBC Bearings Price Performance

The stock has a market capitalization of $16.00 billion, a price-to-earnings ratio of 268.41 and a beta of 1.34. The business has a fifty day moving average of $490.34 and a 200 day moving average of $434.04.

RBC Bearings Company Profile

RBC Bearings Inc is a designer and manufacturer of precision bearing products and components for demanding applications in the aerospace, defense and industrial markets. The company’s product lineup includes ball bearings, roller bearings, spherical plain bearings, rod ends, roller screws and custom-engineered solutions tailored to specific customer requirements. Its bearings are used in aircraft landing gear, engine systems, gearboxes, industrial machinery, robotics and other applications where high reliability and performance are essential.

Founded more than a century ago, RBC Bearings has grown through both internal development and strategic acquisitions, broadening its technology base and expanding its product offerings.