TAT Technologies (NASDAQ:TATT) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of TAT Technologies (NASDAQ:TATT) in a report released on Wednesday. The brokerage issued a buy rating on the aerospace company’s stock.

TAT Technologies Price Performance

Shares of NASDAQ:TATT opened at $13.53 on Wednesday. The firm has a 50 day moving average of $12.04 and a 200-day moving average of $11.36. TAT Technologies has a 12 month low of $5.46 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 $136.65 million, a PE ratio of 27.06 and a beta of 0.82.

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

Hedge Funds Weigh In On TAT Technologies

An institutional investor recently bought a new position in TAT Technologies stock. Marquette Asset Management LLC purchased a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,886 shares of the aerospace company’s stock, valued at approximately $141,000. Marquette Asset Management LLC owned about 0.16% of TAT Technologies at the end of the most recent quarter. 15.13% of the stock is owned by institutional investors and hedge funds.

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.