For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $30.83 in the prior trading day, TAT Technologies Ltd (NASDAQ: TATT) closed at $27.48, down -10.87%. In other words, the price has decreased by -$10.87 from its previous closing price. On the day, 0.59 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TATT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on December 05, 2024, initiated with a Buy rating and assigned the stock a target price of $30.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when Ben-Yair Ehud bought 6,367 shares for $25.10 per share.
Ben-Yair Ehud bought 4,649 shares of TATT for $107,252 on Dec 05 ’24. On Dec 05 ’24, another insider, Igal Pinhas Zamir, who serves as the CEO of the company, bought 19,230 shares for $23.07 each.
Valuation Measures:
As of this moment, TAT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.30, and their Forward P/E ratio for the next fiscal year is 15.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88 while its Price-to-Book (P/B) ratio in mrq is 2.58.
Stock Price History:
Over the past 52 weeks, TATT has reached a high of $36.49, while it has fallen to a 52-week low of $12.61. The 50-Day Moving Average of the stock is -5.18%, while the 200-Day Moving Average is calculated to be 14.70%.
Shares Statistics:
A total of 10.94M shares are outstanding, with a floating share count of 7.12M. Insiders hold about 34.88% of the company’s shares, while institutions hold 45.93% stake in the company.
