NEW YORK ( TheStreet) -- RBC Bearings (Nasdaq: ROLL) hit a new 52-week high Thursday as it is currently trading at $47.55, above its previous 52-week high of $47.52 with 253,004 shares traded as of 3:50 p.m. ET. Average volume has been 80,000 shares over the past 30 days. RBC Bearings has a market cap of $976.5 million and is part of the industrial goods sector and industrial industry. Shares are up 9.7% year to date as of the close of trading on Wednesday. RBC Bearings Incorporated manufactures and markets engineered precision plain, roller, and ball bearings primarily in North America, Europe, and Latin America. It operates in four segments: Plain Bearings, Roller Bearings, Ball Bearings, and Others. The company has a P/E ratio of 23.3, below the average industrial industry P/E ratio of 25 and above the S&P 500 P/E ratio of 17.7.
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