Alert: Major Price Advance (8/29/24)-TAT Technologies Ltd (NASDAQ: TATT).

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TAT Technologies Ltd (NASDAQ: TATT) stock closed at $17.97 on 8/29/24 after a major increase of 17.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 1038% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 22.0% during the last week.

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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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. TAT Technologies has a poor Appreciation Score of 21 but a very high Power Rating of 93, triggering the High Neutral Value Trend Rating.

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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