TATT Stock Summary and Trading Ideas (Tat Techs | NASDAQ:TATT)

TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company designs, develops, and manufactures Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications), and flow accessories.

Tat Techs trades on the NASDAQ stock market under the symbol TATT.

As of April 18, 2024, TATT stock price declined to $11.11 with 1,602 million shares trading.

TATT has a market cap of $98.60 million. This is considered a Micro Cap stock.

In the last 3 years, TATT stock traded as high as $13.75 and as low as $4.94.

TATT has outperformed the market in the last year with a return of +85.5%, while the SPY ETF gained +22.3%. However, in the most recent history, TATT shares have underperformed the stock market with its stock returning -7.5% in the last 3 month period and -5.7% for the last 2 week period, while SPY has returned +6.1% and -3.8%, respectively.

TATT support price is $10.79 and resistance is $11.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TATT stock will trade within this expected range on the day.