TAT Technologies Ltd. (NASDAQ:TATT - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.33 and traded as high as $18.79. TAT Technologies shares last traded at $18.55, with a volume of 16,506 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded TAT Technologies from a "buy" rating to a "hold" rating in a research note on Friday, October 18th.
Check Out Our Latest Report on TAT Technologies
TAT Technologies Price Performance
The stock has a market cap of $185.34 million, a P/E ratio of 25.97 and a beta of 0.88. The company has a quick ratio of 1.09, a current ratio of 2.60 and a debt-to-equity ratio of 0.13. The business's 50-day simple moving average is $17.71 and its two-hundred day simple moving average is $15.35.
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. TAT Technologies had a net margin of 5.49% and a return on equity of 8.09%. The company had revenue of $36.53 million for the quarter.
Institutional Trading of TAT Technologies
An institutional investor recently raised its position in TAT Technologies stock. Meitav Investment House Ltd. raised its stake in shares of TAT Technologies Ltd. (NASDAQ:TATT - Free Report) by 136.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 969,062 shares of the aerospace company's stock after buying an additional 559,062 shares during the quarter. Meitav Investment House Ltd. owned about 9.59% of TAT Technologies worth $17,762,000 at the end of the most recent reporting period. 15.13% of the stock is currently owned by institutional investors.
TAT Technologies Company Profile
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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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