Trading was light with 517 shares changing hands on Tuesday. Shares saw a steep decrease in trading volume of 76.71% under the normal average daily volume.
Investors are feeling more bullish on T A T Tech Ltd of late considering the change in short interest. The company realized a fall in short interest from September 29, 2017 to October 13, 2017 of -76.89%. Short shares decreased 1,883 over that timeframe. Days to cover decreased from 0.0 to 0.0 and the percentage of shorted shares is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (TATT). As of the end of the quarter Deutsche Bank Ag had bought a total of 13,732 shares growing its stake by 1,056.3%. The value of the total investment in T A T Tech Ltd went from $12,000 to $153,000 increasing 1,175.0% since the last quarter. Renaissance Technologies LLC added to its ownership by buying 30,400 shares an increase of 20.0% from 03/31/2017 to 06/30/2017. Renaissance Technologies LLC owns 182,200 shares with a value of $1,858,000. The value of the position overall is up by 24.9%.
As of quarter end Ubs Group Ag had acquired 25 shares growing its holdings by 7.6%. The value in dollars increased from $3,000 to $4,000 a change of 33.3% for the reporting period. As of quarter end Acadian Asset Management LLC had bought 4,575 shares growing its position 262.9%. The value of the investment in (TATT) increased from $18,000 to $71,000 a change of $53,000 quarter over quarter.
The company is trading down by 0.24% percent from yesterday’s close. The P/E ratio is 22.25 and the market cap is 95.12M. In the latest earnings report the EPS was $0.48 with 8.83M shares now outstanding.
TAT Technologies Ltd., together with its subsidiaries, provides various products and services to the commercial and military aerospace, and defense industries worldwide. The company operates through four segments: Original Equipment Manufacturing; Heat Transfer Services and Products; Maintenance, Repair and Overhaul Services for Aviation Components; and Overhaul and Coating of Jet Engine Components. It designs, develops, manufactures, and sells heat transfer products, such as heat exchangers, pre-coolers, and oil/fuel hydraulic coolers for use in mechanical and electronic systems on board commercial, military, and business aircraft; manufactures and sells environmental control and cooling systems on board aircraft and for ground applications; and other electronic and mechanical aircraft accessories and systems, such as pumps, valves, power systems, and turbines, as well as provides flow control accessories. The company also provides maintenance, repair, and overhaul (MRO) services for heat transfer products; and aircraft component MRO services for auxiliary power units, landing gear, and other aircraft components serving airlines, air cargo carriers, maintenance service centers, and the military. In addition, it specializes in overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes, afterburner flaps, and other components. The company was formerly known as Galagraph Ltd. and changed its name to TAT Technologies Ltd. in May 1992. TAT Technologies Ltd. was founded in 1985 and is based in Gedera, Israel..