TAT Technologies (NASDAQ:TATT) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

TAT Technologies Ltd. (NASDAQ:TATT) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $19.99 and traded as high as $30.54. TAT Technologies shares last traded at $30.30, with a volume of 69,829 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TATT shares. StockNews.com raised shares of TAT Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, December 8th. Benchmark started coverage on shares of TAT Technologies in a research report on Thursday, December 5th. They issued a “buy” rating and a $30.00 target price on the stock.

TAT Technologies Price Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.29 and a current ratio of 3.04. The company has a market capitalization of $306.03 million, a PE ratio of 40.95 and a beta of 0.92. The company’s 50-day simple moving average is $25.81 and its 200-day simple moving average is $19.99.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in TAT Technologies stock. JPMorgan Chase & Co. boosted its holdings in shares of TAT Technologies Ltd. (NASDAQ:TATT) by 24.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 13,893 shares of the aerospace company’s stock after purchasing an additional 2,697 shares during the period. JPMorgan Chase & Co. owned approximately 0.14% of TAT Technologies worth $253,000 as of its most recent filing with the SEC. 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.