TAT Technologies (NASDAQ:TATT) Coverage Initiated by Analysts at Benchmark

Benchmark initiated coverage on shares of TAT Technologies (NASDAQ:TATTFree Report) in a research report released on Thursday, MarketBeat reports. The brokerage issued a buy rating and a $30.00 price target on the aerospace company’s stock.

Separately, StockNews.com cut shares of TAT Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 30th.

Check Out Our Latest Research Report on TATT

TAT Technologies Stock Up 11.3 %

TAT Technologies stock opened at $25.67 on Thursday. The company has a fifty day simple moving average of $19.45 and a 200 day simple moving average of $16.63. TAT Technologies has a 1-year low of $9.08 and a 1-year high of $26.17. The company has a market cap of $259.34 million, a P/E ratio of 34.69 and a beta of 0.94. The company has a current ratio of 3.04, a quick ratio of 1.29 and a debt-to-equity ratio of 0.10.

Institutional Investors Weigh In On TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Y.D. More Investments Ltd purchased a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATTFree Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 87,756 shares of the aerospace company’s stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned about 0.87% of TAT Technologies at the end of the most recent quarter. Institutional investors and hedge funds own 15.13% of the company’s stock.

TAT Technologies Company Profile

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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.

Further Reading

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