RBC Bearings Incorporated (ROLL) Moves Higher on Volume Spike for April 17

Release Time：18 Apr,2018

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180418/20180418144842_88211.png" alt="" /> </p> <p> RBC Bearings Incorporated (ROLL) traded on unusually high volume on Apr. 17, as the stock gained 1.04% to close at $127.30. On the day, RBC Bearings Incorporated saw 131,696 shares trade hands on 1,078 trades. Considering that the stock averages only a daily volume of 75,093 shares a day over the last month, this represents a pretty significant bump in volume over the norm. </p> <br /> Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.<br /> <br /> The stock has traded between $139.95 and $91.00 over the last 52-weeks, its 50-day SMA is now $122.33, and its 200-day SMA $119.19. RBC Bearings Incorporated has a P/B ratio of 3.87. It also has a P/E ratio of 36.6.<br /> <br /> RBC Bearings Inc is a manufacturer and marketer of engineered precision plain, roller and ball bearings. It operates in four business segments namely roller bearings, plain bearings, ball bearings, and engineered products.<br /> <br /> Headquartered in Oxford, CT, RBC Bearings Incorporated has 3,401 employees and is currently under the leadership of CEO .<br /> <br /> <br /> <br />