TAT Technologies (NASDAQ:TATT) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of TAT Technologies (NASDAQ:TATT) in a research report report published on Monday. The firm issued a buy rating on the aerospace company’s stock.

TAT Technologies Price Performance

Shares of NASDAQ:TATT opened at $14.77 on Monday. The stock’s 50 day moving average is $13.76 and its 200-day moving average is $12.45. TAT Technologies has a twelve month low of $6.99 and a twelve month high of $16.24. The company has a quick ratio of 1.11, a current ratio of 2.75 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $149.19 million, a price-to-earnings ratio of 23.82 and a beta of 0.89.

TAT Technologies (NASDAQ:TATT) last announced its quarterly earnings results on Wednesday, May 22nd. The aerospace company reported $0.19 EPS for the quarter. The business had revenue of $34.09 million during the quarter. TAT Technologies had a net margin of 4.99% and a return on equity of 7.17%.

Institutional Trading of TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Meitav Investment House Ltd. acquired a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 410,000 shares of the aerospace company’s stock, valued at approximately $4,218,000. Meitav Investment House Ltd. owned about 4.60% of TAT Technologies at the end of the most recent reporting period. 15.13% of the stock is owned by institutional investors.

About TAT Technologies

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.