TAT Technologies (NASDAQ:TATT) Upgraded at StockNews.com

TAT Technologies (NASDAQ:TATT) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report released on Sunday.

Separately, Benchmark started coverage on TAT Technologies in a research report on Thursday, December 5th. They issued a “buy” rating and a $30.00 price target on the stock.

TAT Technologies Stock Down 0.6 %

TATT stock opened at $24.79 on Friday. The company has a market cap of $250.45 million, a price-to-earnings ratio of 33.50 and a beta of 0.94. The company has a fifty day moving average price of $19.86 and a 200 day moving average price of $16.89. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.04 and a quick ratio of 1.29. TAT Technologies has a 12 month low of $9.08 and a 12 month high of $26.17.

Institutional Trading of TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Y.D. More Investments Ltd bought a new stake in TAT Technologies Ltd. (NASDAQ:TATT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 15.13% of the company’s stock.

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.