TAT Technologies (NASDAQ:TATT) Share Price Passes Below 200-Day Moving Average of $6.12

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TAT Technologies (NASDAQ:TATT) Share Price Passes Below 200-Day Moving Average of .12

TAT Technologies Ltd. (NASDAQ:TATT – Get Rating) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.12 and trades as low as $5.70. TAT Technologies shares last traded at $5.83, with a volume of 195 shares trading hands.

Wall Street Analyst Weigh In

Separately, TheStreet cut shares of TAT Technologies from a “c” rating to a “d+” rating in a research note on Wednesday, December 28th.

TAT Technologies Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.04 and a current ratio of 2.94. The business’s 50 day moving average is $5.88 and its two-hundred day moving average is $6.12.

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TAT Technologies (NASDAQ:TATT – Get Rating) last released its earnings results on Wednesday, November 30th. The aerospace company reported ($0.04) earnings per share for the quarter. The firm had revenue of $20.98 million for the quarter. TAT Technologies had a negative net margin of 3.35% and a negative return on equity of 3.54%.

About TAT Technologies

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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.

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