TAT Technologies (NASDAQ:TATT) Upgraded to Buy by StockNews.com

StockNews.com upgraded shares of TAT Technologies (NASDAQ:TATT) from a hold rating to a buy rating in a research note issued to investors on Monday.

TAT Technologies Stock Down 2.8 %

TATT opened at $17.46 on Monday. The company has a market capitalization of $176.35 million, a P/E ratio of 28.16 and a beta of 0.89. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.60 and a quick ratio of 1.11. The firm’s fifty day moving average price is $14.68 and its two-hundred day moving average price is $13.52. TAT Technologies has a fifty-two week low of $6.99 and a fifty-two week high of $18.00.

Institutional Trading of TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Y.D. More Investments Ltd purchased a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 SEC filing. Hedge funds and other institutional investors 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.