TAT Technologies (NASDAQ:TATT) Lifted to Buy at StockNews.com

StockNews.com upgraded shares of TAT Technologies (NASDAQ:TATT) from a hold rating to a buy rating in a research note released on Monday.

TAT Technologies Trading Up 4.0 %

Shares of NASDAQ TATT opened at $16.71 on Monday. TAT Technologies has a one year low of $6.99 and a one year high of $18.00. The firm has a market capitalization of $168.82 million, a PE ratio of 26.95 and a beta of 0.88. The company has a current ratio of 2.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $14.80 and a two-hundred day moving average price of $13.58.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd acquired a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 87,756 shares of the aerospace company’s stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned 0.87% of TAT Technologies at the end of the most recent quarter. Hedge funds and other institutional investors own 15.13% of the company’s stock.

TAT Technologies Company Profile

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.