Shares of TAT Technologies Ltd. (NASDAQ:TATT - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.86 and traded as high as $18.85. TAT Technologies shares last traded at $18.60, with a volume of 6,743 shares.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of TAT Technologies from a "buy" rating to a "hold" rating in a report on Friday, October 18th.
Read Our Latest Stock Report on TATT
TAT Technologies Price Performance
The company has a market capitalization of $186.04 million, a PE ratio of 25.58 and a beta of 0.88. 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 company's 50 day moving average price is $17.17 and its 200-day moving average price is $14.93.
TAT Technologies (NASDAQ:TATT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 28th. The aerospace company reported $0.25 EPS for the quarter. The company 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 Inflows and Outflows
A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd bought a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 87,756 shares of the aerospace company's stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned approximately 0.87% of TAT Technologies at the end of the most recent quarter. 15.13% of the stock is owned by hedge funds and other institutional investors.
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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