TAT Technologies Ltd. (NASDAQ:TATT) Shares Sold by Acuitas Investments LLC

Acuitas Investments LLC decreased its position in shares of TAT Technologies Ltd. (NASDAQ:TATT) by 22.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 42,275 shares of the aerospace company’s stock after selling 12,435 shares during the quarter. Acuitas Investments LLC owned approximately 0.42% of TAT Technologies worth $631,000 as of its most recent filing with the SEC.

TAT Technologies Stock Performance

Shares of TATT opened at $16.71 on Friday. The company’s 50 day simple moving average is $14.80 and its 200-day simple moving average is $13.58. TAT Technologies Ltd. has a 12-month low of $6.99 and a 12-month high of $18.00. The firm has a market cap of $168.82 million, a PE ratio of 26.95 and a beta of 0.88. The company has a current ratio of 2.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.13.

Analysts Set New Price Targets

Separately, StockNews.com raised TAT Technologies from a “hold” rating to a “buy” rating in a research report on Monday.

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.