TAT Technologies (NASDAQ:TATT) Upgraded at StockNews.com

StockNews.com upgraded shares of TAT Technologies (NASDAQ:TATT) from a hold rating to a buy rating in a research note issued to investors on Sunday morning.

Separately, Benchmark assumed coverage on TAT Technologies in a research note on Thursday, December 5th. They set a “buy” rating and a $30.00 price objective on the stock.

TAT Technologies Trading Up 1.3 %

Shares of NASDAQ TATT opened at $25.10 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 stock’s 50 day moving average price is $20.02 and its two-hundred day moving average price is $16.96. TAT Technologies has a 52-week low of $9.08 and a 52-week high of $26.17. The stock has a market capitalization of $253.59 million, a P/E ratio of 33.92 and a beta of 0.94.

Institutional Investors Weigh In On TAT Technologies

A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd bought a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 87,756 shares of the aerospace company’s stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned approximately 0.87% of TAT Technologies at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.13% of the company’s stock.

About TAT Technologies

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.