TAT Technologies (NASDAQ:TATT - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a note issued to investors on Friday.
TAT Technologies Stock Down 0.2 %
NASDAQ TATT traded down $0.04 during trading hours on Friday, hitting $18.15. The company's stock had a trading volume of 5,159 shares, compared to its average volume of 12,614. TAT Technologies has a 52 week low of $6.99 and a 52 week high of $18.90. The company has a market capitalization of $183.37 million, a PE ratio of 29.27 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 simple moving average is $16.73 and its two-hundred day simple moving average is $14.66.
TAT Technologies (NASDAQ:TATT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 28th. The aerospace company reported $0.25 earnings per share for the quarter. TAT Technologies had a net margin of 5.49% and a return on equity of 8.09%. The business had revenue of $36.53 million for the quarter.
Institutional Investors Weigh In On TAT Technologies
A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd purchased a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 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. Institutional investors own 15.13% of the company's stock.
TAT Technologies Company Profile
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider TAT Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TAT Technologies wasn't on the list.
While TAT Technologies currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
