TAT Technologies (NASDAQ:TATT) Upgraded to “Buy” at StockNews.com

StockNews.com upgraded shares of TAT Technologies (NASDAQ:TATT) from a hold rating to a buy rating in a research note published on Sunday morning.

Separately, Benchmark initiated coverage on shares of TAT Technologies in a report on Thursday. They issued a “buy” rating and a $30.00 price target on the stock.

TAT Technologies Trading Down 2.8 %

Shares of TATT stock opened at $24.95 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.04 and a quick ratio of 1.29. The business has a 50-day moving average of $19.73 and a 200 day moving average of $16.79. The stock has a market capitalization of $252.00 million, a PE ratio of 33.72 and a beta of 0.94. TAT Technologies has a 1-year low of $9.08 and a 1-year high of $26.17.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd purchased a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATT) in the second quarter, according to its most recent Form 13F filing with the 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 at the end of the most recent reporting period. 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.