TAT Technologies Ltd. (NASDAQ:TATT - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.62 and traded as high as $18.19. TAT Technologies shares last traded at $18.19, with a volume of 5,920 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com downgraded TAT Technologies from a "buy" rating to a "hold" rating in a research report on Friday.
Read Our Latest Stock Report on TAT Technologies
TAT Technologies Price Performance
The company has a current ratio of 2.60, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $183.37 million, a P/E ratio of 29.27 and a beta of 0.88. The company has a 50 day moving average of $16.73 and a 200-day moving average of $14.66.
TAT Technologies (NASDAQ:TATT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The aerospace company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $36.53 million during the quarter. TAT Technologies had a return on equity of 8.09% and a net margin of 5.49%.
Institutional Trading of TAT Technologies
A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd acquired a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 87,756 shares of the aerospace company's stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned about 0.87% of TAT Technologies as of its most recent SEC filing. Hedge funds and other institutional investors own 15.13% of the company's stock.
About TAT Technologies
(
Get Free Report)
TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components.
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