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

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

TAT Technologies Price Performance

TATT stock opened at $14.79 on Tuesday. TAT Technologies has a one year low of $6.99 and a one year high of $16.24. The company’s fifty day moving average price is $14.23 and its 200-day moving average price is $12.69. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.11 and a current ratio of 2.75. The company has a market capitalization of $149.38 million, a PE ratio of 23.85 and a beta of 0.89.

TAT Technologies (NASDAQ:TATT) last released its 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 for 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 acquired a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,886 shares of the aerospace company’s stock, valued at approximately $141,000. Marquette Asset Management LLC owned about 0.16% of TAT Technologies as of its most recent SEC filing. 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.