Shares of TAT Technologies Ltd. (NASDAQ:TATT - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.71 and traded as high as $25.11. TAT Technologies shares last traded at $24.78, with a volume of 28,480 shares trading hands.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Benchmark initiated coverage on shares of TAT Technologies in a report on Thursday, December 5th. They issued a "buy" rating and a $30.00 target price for the company. StockNews.com raised shares of TAT Technologies from a "hold" rating to a "buy" rating in a research note on Sunday, December 8th.
Check Out Our Latest Analysis on TATT
TAT Technologies Stock Up 0.8 %
The firm has a market capitalization of $250.35 million, a PE ratio of 33.49 and a beta of 0.92. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.04 and a quick ratio of 1.29. The company has a 50-day moving average price of $23.68 and a 200 day moving average price of $18.74.
Institutional Inflows and Outflows
An institutional investor recently raised its position in TAT Technologies stock. Meitav Investment House Ltd. grew its stake in shares of TAT Technologies Ltd. (NASDAQ:TATT - Free Report) by 136.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 969,062 shares of the aerospace company's stock after buying an additional 559,062 shares during the period. Meitav Investment House Ltd. owned 9.59% of TAT Technologies worth $17,762,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 15.13% of the stock is owned by institutional investors and hedge funds.
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.
Further Reading
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