Dow Today – RBC Bearings Inc. Shares Close the Day 12.2% Lower – Daily Wrap

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Dow Today – RBC Bearings Inc. Shares Close the Day 12.2% Lower – Daily Wrap

RBC Bearings Inc. (ROLL) shares closed today 12.2% lower than it did at the end of yesterday. The stock is currently up 20.4% year-to-date, up 73.1% over the past 12 months, and up 189.3% over the past five years. Today, the Dow Jones Industrial Average fell 0.1%, and the S&P 500 fell 0.1%.

Trading Activity

  • Shares traded as high as $219.04 and as low as $179.60 this week.
  • Shares closed 24.4% below its 52-week high and 66.9% above its 52-week low.
  • Trading volume this week was 33.8% lower than the 10-day average and 12.8% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company’s share price lags the S&P 500 Index today, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company’s share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price lags the performance of its peers in the Industrials industry sector today, beats it on a 1-year basis, and beats it on a 5 year basis

Per Group Comparative Performance

  • The company’s stock price performance year-to-date beats the peer average by -574.9%
  • The company’s stock price performance over the past 12 months beats the peer average by 187.0%
  • The company’s price-to-earnings ratio, which relates a company’s share price to its earnings per share, is 339.9% higher than the average peer.

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected] © 2020 Kwhen Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Dow Today – RBC Bearings Inc. Shares Close the Day 12.2% Lower – Daily Wrap

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