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

TAT Technologies (NASDAQ:TATT) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Tuesday.

TAT Technologies Price Performance

TATT opened at $11.38 on Tuesday. The stock has a 50-day moving average price of $12.17 and a 200-day moving average price of $10.67. TAT Technologies has a 12-month low of $5.35 and a 12-month high of $13.75. The company has a current ratio of 2.40, a quick ratio of 1.10 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $114.94 million, a P/E ratio of 22.76 and a beta of 0.83.

TAT Technologies (NASDAQ:TATT) last issued its earnings results on Wednesday, March 6th. The aerospace company reported $0.04 earnings per share for the quarter. The company had revenue of $31.84 million during the quarter. TAT Technologies had a return on equity of 5.75% and a net margin of 4.11%.

Institutional Investors Weigh In On TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Marquette Asset Management LLC bought a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 15.13% of the company’s stock.

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.