TAT Technologies Ltd. (NASDAQ:TATT – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 10,900 shares, a decline of 14.8% from the May 31st total of 12,800 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the company’s stock are short sold.
TAT Technologies Price Performance
TATT stock opened at $14.90 on Monday. The company has a market capitalization of $150.49 million, a PE ratio of 24.03 and a beta of 0.89. 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 stock’s 50 day moving average is $13.69 and its two-hundred day moving average is $12.41. TAT Technologies has a 52-week low of $6.99 and a 52-week high of $16.24.
TAT Technologies (NASDAQ:TATT – Get Free Report) last released its earnings results on Wednesday, May 22nd. The aerospace company reported $0.19 earnings per share for the quarter. TAT Technologies had a net margin of 4.99% and a return on equity of 7.17%. The company had revenue of $34.09 million during the quarter.
Institutional Trading of TAT Technologies
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on TAT Technologies in a research note on Monday. They set a “buy” rating for the company.
View Our Latest Research Report on TAT Technologies
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.
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