TAT Technologies (NASDAQ:TATT) Rating Lowered to “Hold” at StockNews.com

TAT Technologies (NASDAQ:TATT) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

TAT Technologies Stock Up 3.2 %

TAT Technologies stock opened at $22.78 on Friday. The company has a quick ratio of 1.29, a current ratio of 3.04 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $230.15 million, a P/E ratio of 30.78 and a beta of 0.88. The firm has a 50 day moving average price of $19.18 and a 200-day moving average price of $16.43. TAT Technologies has a twelve month low of $9.08 and a twelve month high of $24.29.

Institutional Trading of TAT Technologies

A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd acquired a new stake in TAT Technologies Ltd. (NASDAQ:TATT) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 87,756 shares of the aerospace company’s stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned 0.87% of TAT Technologies as of its most recent filing with the SEC. Institutional investors 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.