T.A.T. Technologies (TATT) Rating Lowered to D+ at TheStreet

Share on StockTwits

TheStreet lowered shares of T.A.T. Technologies (NASDAQ:TATT) from a c rating to a d+ rating in a research note published on Tuesday.

NASDAQ:TATT opened at $6.50 on Tuesday. T.A.T. Technologies has a 52-week low of $6.40 and a 52-week high of $11.65.

T.A.T. Technologies (NASDAQ:TATT) last released its quarterly earnings data on Thursday, August 30th. The aerospace company reported ($0.15) earnings per share (EPS) for the quarter. T.A.T. Technologies had a negative net margin of 1.50% and a negative return on equity of 1.56%. The company had revenue of $24.83 million for the quarter.

A hedge fund recently bought a new stake in T.A.T. Technologies stock. Delek Group Ltd. acquired a new stake in shares of T.A.T. Technologies Ltd. (NASDAQ:TATT) during the second quarter, according to its most recent filing with the SEC. The fund acquired 25,900 shares of the aerospace company’s stock, valued at approximately $201,000. Delek Group Ltd. owned 0.28% of T.A.T. Technologies as of its most recent filing with the SEC. Institutional investors and hedge funds own 2.52% of the company’s stock.

About T.A.T. Technologies

TAT Technologies Ltd., together with its subsidiaries, provides various solutions and services to the commercial and military aerospace, and ground defense industries worldwide. 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.

Further Reading: What are CEFs?

Receive News & Ratings for T.A.T. Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T.A.T. Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply