TAT Technologies Ltd. – Ordinar shares had a trading volume of 550 on Tuesday. Shares saw a steep decrease in trading volume of 82.91% under the normal average daily volume.
Short traders are more bullish on shares of the company of late if you take into consideration the decrease in short interest. The company experienced a fall in short interest of -76.89% as of October 13, 2017 from the last reporting period. Short shares fell from 2,449 to 566 over that period. Days to cover decreased 0.0 to 0.0 and the percentage of shorted shares was 0.00% on October 13.
These firms have modified their investment in TATT. As of quarter end Deutsche Bank Ag had bought 13,732 shares growing its position 1,056.3%. The value of the investment in TAT Technologies Ltd. – Ordinar increased from $12,000 to $153,000 a change of $141,000 since the last quarter. Renaissance Technologies LLC expanded its position by buying 30,400 shares an increase of 20.0% in the quarter. Renaissance Technologies LLC owns 182,200 shares worth $1,858,000. The total value of its holdings increased 24.9%.
Ubs Group Ag augmented its ownership by buying 25 shares an increase of 7.6%. Ubs Group Ag currently owns 354 shares valued at $4,000. The value of the position overall is up by 33.3%. Acadian Asset Management LLC added to its stake by buying 4,575 shares an increase of 262.9% from 06/30/2017 to 09/30/2017. Acadian Asset Management LLC now holds 6,315 shares with a value of $71,000. The total value of its holdings increased 294.4%.
In the market the company is trading up since yesterday’s close of $10.70. The stock last traded at $10.70 just below the 50 day moving average which is $10.93 and which is just a bit below the 200 day moving average of $10.81. The 50 day moving average went down by -2.12% whereas the 200 day moving average was down $-0.11 or -1.06%.
TAT Technologies Ltd. – Ordinar’s P/E ratio is 22.06 and the market value is 94.46M.
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..