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

TAT Technologies Ltd. (NASDAQ:TATT)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.62 and traded as high as $18.19. TAT Technologies shares last traded at $18.19, with a volume of 5,920 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of TAT Technologies from a “buy” rating to a “hold” rating in a report on Thursday, October 10th.

TAT Technologies Price Performance

The business has a fifty day moving average of $16.65 and a 200 day moving average of $14.62. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.60 and a quick ratio of 1.09. The stock has a market cap of $183.77 million, a PE ratio of 29.34 and a beta of 0.88.

TAT Technologies (NASDAQ:TATT) last released its earnings results on Wednesday, August 28th. The aerospace company reported $0.25 EPS for the quarter. The company had revenue of $36.53 million during the quarter. TAT Technologies had a return on equity of 8.09% and a net margin of 5.49%.

Institutional Investors Weigh In On TAT Technologies

A hedge fund recently bought a new stake in TAT Technologies stock. Y.D. More Investments Ltd purchased a new position in TAT Technologies Ltd. (NASDAQ:TATT) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 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 as of its most recent filing with the Securities & Exchange Commission. 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.