TAT Technologies (NASDAQ:TATT) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com started coverage on shares of TAT Technologies (NASDAQ:TATT) in a research note issued to investors on Monday. The firm set a “buy” rating on the aerospace company’s stock.

TAT Technologies Stock Performance

Shares of NASDAQ:TATT opened at $14.90 on Monday. The firm has a fifty day simple moving average of $13.69 and a two-hundred day simple moving average of $12.41. TAT Technologies has a 52 week low of $6.99 and a 52 week high of $16.24. 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 has a market capitalization of $150.49 million, a P/E ratio of 24.03 and a beta of 0.86.

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

Hedge Funds Weigh In On TAT Technologies

A hedge fund recently bought a new stake in TAT Technologies stock. Marquette Asset Management LLC bought a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor 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 at the end of the most recent reporting period. 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.