Shares of TAT Technologies Ltd. (NASDAQ:TATT - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.41 and traded as high as $27.36. TAT Technologies shares last traded at $25.27, with a volume of 57,303 shares traded.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Benchmark initiated coverage on shares of TAT Technologies in a research note on Thursday, December 5th. They issued a "buy" rating and a $30.00 price objective for the company. StockNews.com upgraded TAT Technologies from a "hold" rating to a "buy" rating in a research note on Sunday, December 8th.
Read Our Latest Stock Analysis on TATT
TAT Technologies Stock Up 3.5 %
The stock has a market capitalization of $264.29 million, a price-to-earnings ratio of 35.35 and a beta of 0.94. The company has a quick ratio of 1.29, a current ratio of 3.04 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average price of $21.10 and a 200 day moving average price of $17.41.
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 stake in shares of TAT Technologies Ltd. (NASDAQ:TATT - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 filing with the Securities & Exchange Commission. 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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