TAT Technologies Ltd. (TATT) Lowered to Hold at ValuEngine
TAT Technologies Ltd. (NASDAQ:TATT) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Monday.
Separately, TheStreet upgraded shares of TAT Technologies from a “c+” rating to an “a-” rating in a research report on Monday, August 14th.
Shares of TAT Technologies (NASDAQ:TATT) traded up 0.2571% during trading on Monday, hitting $11.2288. The stock had a trading volume of 6,095 shares. The stock’s 50-day moving average is $10.79 and its 200-day moving average is $10.60. The stock has a market capitalization of $99.13 million, a P/E ratio of 1122.8800 and a beta of -0.03. TAT Technologies has a 12-month low of $6.60 and a 12-month high of $12.50.
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An institutional investor recently bought a new position in TAT Technologies stock. Spark Investment Management LLC acquired a new stake in TAT Technologies Ltd. (NASDAQ:TATT) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 10,600 shares of the aerospace company’s stock, valued at approximately $108,000. Spark Investment Management LLC owned approximately 0.12% of TAT Technologies at the end of the most recent reporting period. 2.88% of the stock is owned by institutional investors and hedge funds.
TAT Technologies Company Profile
TAT Technologies Ltd. provides a range of services and products to the commercial and military aerospace, and ground defense sectors through its Gedera facility in Israel, and through its subsidiary in the United States, Limco-Piedmont Inc (Limco-Piedmont), which operates through Limco Airepair Inc (Limco).
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