Shares of RBC Bearings Incorporated (NASDAQ:ROLL – Get Free Report) dropped 2.6% on Thursday . The stock traded as low as $575.54 and last traded at $576.74. Approximately 231,718 shares traded hands during trading, an increase of 49% from the average daily volume of 155,583 shares. The stock had previously closed at $592.41.
RBC Bearings Price Performance
The company has a market capitalization of $16.69 billion, a price-to-earnings ratio of 279.97 and a beta of 1.34. The firm has a 50-day moving average price of $583.36 and a two-hundred day moving average price of $531.66.
About RBC Bearings
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.
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