TAT Technologies (NASDAQ:TATT) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

TAT Technologies Ltd. (NASDAQ:TATT)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.71 and traded as high as $25.11. TAT Technologies shares last traded at $24.78, with a volume of 28,480 shares trading hands.

Analyst Ratings Changes

TATT has been the subject of a number of analyst reports. Benchmark initiated coverage on TAT Technologies in a report on Thursday, December 5th. They issued a “buy” rating and a $30.00 price target for the company. StockNews.com raised shares of TAT Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, December 8th.

TAT Technologies Price Performance

The stock’s 50 day moving average is $23.68 and its two-hundred day moving average is $18.74. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.29 and a current ratio of 3.04. The stock has a market capitalization of $250.35 million, a PE ratio of 33.49 and a beta of 0.92.

Institutional Trading of TAT Technologies

An institutional investor recently raised its position in TAT Technologies stock. JPMorgan Chase & Co. lifted its stake in shares of TAT Technologies Ltd. (NASDAQ:TATT) by 24.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,893 shares of the aerospace company’s stock after purchasing an additional 2,697 shares during the period. JPMorgan Chase & Co. owned 0.14% of TAT Technologies worth $253,000 as of its most recent SEC filing. 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.