TAT Technologies (NASDAQ:TATT) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of TAT Technologies (NASDAQ:TATT) in a report published on Sunday. The firm issued a buy rating on the aerospace company’s stock.

TAT Technologies Stock Up 0.3 %

Shares of TAT Technologies stock opened at $13.90 on Friday. The company has a market capitalization of $140.39 million, a PE ratio of 22.42 and a beta of 0.86. TAT Technologies has a 1-year low of $6.99 and a 1-year high of $16.24. The business has a 50-day moving average of $13.37 and a 200-day moving average of $12.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.75 and a quick ratio of 1.11.

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

Institutional Investors Weigh In On TAT Technologies

A hedge fund recently bought a new stake in TAT Technologies stock. Marquette Asset Management LLC bought a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,886 shares of the aerospace company’s stock, valued at approximately $141,000. Marquette Asset Management LLC owned 0.16% of TAT Technologies as of its most recent SEC filing. 15.13% of the stock is owned by hedge funds and other institutional investors.

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.