T.A.T. Technologies Ltd. (TATT) Raised to Buy at ValuEngine
T.A.T. Technologies Ltd. (NASDAQ:TATT) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday.
Separately, TheStreet downgraded T.A.T. Technologies from a “b-” rating to a “c+” rating in a report on Wednesday, March 8th.
T.A.T. Technologies (NASDAQ TATT) opened at 12.20 on Friday. T.A.T. Technologies has a 12 month low of $6.60 and a 12 month high of $12.50. The firm has a 50-day moving average price of $10.87 and a 200-day moving average price of $9.14. The stock has a market cap of $107.70 million, a price-to-earnings ratio of 88.41 and a beta of 0.04.
The firm also recently declared an annual dividend, which will be paid on Wednesday, June 21st. Shareholders of record on Wednesday, June 7th will be issued a $0.3398 dividend. This represents a yield of 2.89%. The ex-dividend date is Wednesday, June 7th. T.A.T. Technologies’s dividend payout ratio is presently 200.00%.
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About T.A.T. Technologies
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).
To view ValuEngine’s full report, visit ValuEngine’s official website.
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