Morgan Dempsey Capital Management LLC Makes New $103,000 Investment in TAT Technologies Ltd. (NASDAQ:TATT)

Morgan Dempsey Capital Management LLC acquired a new position in shares of TAT Technologies Ltd. (NASDAQ:TATT) during the 4th quarter, Holdings Channel.com reports. The fund acquired 4,008 shares of the aerospace company’s stock, valued at approximately $103,000.

Separately, IFP Advisors Inc bought a new stake in TAT Technologies during the fourth quarter worth about $50,000. Institutional investors own 15.13% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on TATT shares. StockNews.com raised shares of TAT Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, December 8th. Benchmark started coverage on shares of TAT Technologies in a research note on Thursday, December 5th. They set a “buy” rating and a $30.00 price objective on the stock.

TAT Technologies Stock Up 1.1 %

Shares of TATT opened at $26.26 on Friday. The business’s fifty day moving average price is $27.79 and its two-hundred day moving average price is $22.24. The firm has a market capitalization of $287.28 million, a price-to-earnings ratio of 35.49 and a beta of 0.94. TAT Technologies Ltd. has a 52 week low of $10.51 and a 52 week high of $33.37. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.29 and a current ratio of 3.04.

TAT Technologies Profile

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.