TAT Technologies (NASDAQ:TATT) Stock Price Passes Above 200 Day Moving Average of $13.84

TAT Technologies Ltd. (NASDAQ:TATT)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.84 and traded as high as $18.00. TAT Technologies shares last traded at $17.76, with a volume of 12,740 shares.

Analyst Ratings Changes

Separately, StockNews.com downgraded TAT Technologies from a “buy” rating to a “hold” rating in a report on Thursday, September 12th.

TAT Technologies Trading Up 0.4 %

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.60 and a quick ratio of 1.09. The stock’s 50-day moving average is $15.26 and its two-hundred day moving average is $13.84. The company has a market cap of $179.43 million, a P/E ratio of 28.65 and a beta of 0.88.

TAT Technologies (NASDAQ:TATT) last announced its earnings results on Wednesday, August 28th. The aerospace company reported $0.25 earnings per share for the quarter. The business had revenue of $36.53 million during the quarter. TAT Technologies had a net margin of 5.49% and a return on equity of 8.09%.

Institutional Investors Weigh In On TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Y.D. More Investments Ltd acquired a new position in TAT Technologies Ltd. (NASDAQ:TATT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 87,756 shares of the aerospace company’s stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned approximately 0.87% of TAT Technologies at the end of the most recent reporting period. 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.