TAT Technologies (NASDAQ:TATT) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of TAT Technologies (NASDAQ:TATT) in a research note released on Monday. The brokerage issued a buy rating on the aerospace company’s stock.

TAT Technologies Price Performance

NASDAQ TATT opened at $14.26 on Monday. The stock has a market capitalization of $144.03 million, a P/E ratio of 23.00 and a beta of 0.89. TAT Technologies has a 1 year low of $6.99 and a 1 year high of $16.24. The business’s fifty day moving average is $13.87 and its two-hundred day moving average is $12.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.11 and a current ratio of 2.75.

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

Institutional Trading of 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. 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.