(April 5, 2011)
RBC Bearings (Nasdaq:ROLL) hit a new 52-week high Tuesday as it traded at $40.11 compared with its previous 52-Week high of $40. RBC Bearings is changing hands at $40.01 with 35,852 shares traded as of 12:22 p.m. ET. Average volume has been 81,900 shares over the past 30 days.
RBC Bearings has a market cap of $857.8 million and is part of the industrial goods sector and industrial industry. Shares are up 0.7% year to date as of the close of trading on Monday.
RBC Bearings Incorporated manufactures and markets engineered precision plain, roller, and ball bearings. It operates in four segments: Plain Bearings, Roller Bearings, Ball Bearings, and Others. The company has a P/E ratio of 24.6, below the average industrial industry P/E ratio of 24.8 and above the S&P 500 P/E ratio of 16.8.