TAT Technologies Ltd (NASDAQ: TATT) stock closed at $15.22 on 5/24/24 after a major increase of 11.3%. Moreover, trading volume in this advance was exceptionally high at 659% of normal. The stock has risen 17.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TATT is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
TAT Technologies has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. TAT Technologies has a poor Appreciation Score of 20 but a very high Power Rating of 94, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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