TAT Technologies (NASDAQ:TATT) Stock Passes Above 200 Day Moving Average of $7.51

TAT Technologies Ltd. (NASDAQ:TATT) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.51 and traded as high as $9.50. TAT Technologies shares last traded at $9.41, with a volume of 3,963 shares traded.

Analysts Set New Price Targets

Separately, TheStreet raised shares of TAT Technologies from a “c+” rating to a “b” rating in a report on Wednesday, August 30th.

TAT Technologies Price Performance

The stock has a market capitalization of $83.84 million, a price-to-earnings ratio of 18.10 and a beta of 0.73. The company has a quick ratio of 1.12, a current ratio of 2.73 and a debt-to-equity ratio of 0.23. The business’s 50 day simple moving average is $8.35 and its 200-day simple moving average is $7.51.

TAT Technologies (NASDAQ:TATT) last announced its quarterly earnings data on Tuesday, August 29th. The aerospace company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $26.80 million for the quarter. TAT Technologies had a net margin of 4.55% and a return on equity of 6.22%.

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.