TAT Technologies (NASDAQ:TATT) Research Coverage Started at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of TAT Technologies (NASDAQ:TATT) in a report issued on Tuesday. The firm set a “buy” rating on the aerospace company’s stock.

TAT Technologies Stock Up 0.9 %

TAT Technologies stock opened at $14.22 on Tuesday. TAT Technologies has a 1-year low of $6.99 and a 1-year high of $16.24. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.75 and a quick ratio of 1.11. The stock has a market cap of $143.62 million, a PE ratio of 22.94 and a beta of 0.89. The stock’s fifty day moving average is $14.12 and its two-hundred day moving average is $12.64.

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

Institutional Trading of TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Marquette Asset Management LLC bought a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,886 shares of the aerospace company’s stock, valued at approximately $141,000. Marquette Asset Management LLC owned approximately 0.16% of TAT Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). 15.13% of the stock is owned by institutional investors.

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.