tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TAT Technologies Completes Sale of Additional Shares, Raising $6.3 Million

Story Highlights
TAT Technologies Completes Sale of Additional Shares, Raising $6.3 Million

Elevate Your Investing Strategy:

Tat Techno ( (TATT) ) just unveiled an announcement.

On June 26, 2025, TAT Technologies Ltd. announced the completion of the sale and issuance of additional ordinary shares following the full exercise of the underwriters’ option in connection with its public offering. The company raised $6.3 million in gross proceeds from the sale of these shares, which it plans to use for general corporate purposes. This move is expected to bolster TAT Technologies’ financial standing and operational capacity, further strengthening its position in the aerospace and defense industries.

The most recent analyst rating on (TATT) stock is a Buy with a $37.00 price target. To see the full list of analyst forecasts on Tat Techno stock, see the TATT Stock Forecast page.

Spark’s Take on TATT Stock

According to Spark, TipRanks’ AI Analyst, TATT is a Neutral.

Tat Techno’s strong earnings call performance and strategic outlook are the most significant factors, supported by financial growth and reasonable valuation. However, technical indicators and cash flow concerns present cautionary notes.

To see Spark’s full report on TATT stock, click here.

More about Tat Techno

TAT Technologies Ltd. is a leading provider of solutions and services to the aerospace and defense industries. The company operates four operational units: original equipment manufacturing of heat transfer solutions and aviation accessories, maintenance repair and overhaul services for heat transfer components, MRO services for aviation components, and overhaul and coating of jet engine components.

Average Trading Volume: 209,996

Technical Sentiment Signal: Buy

Current Market Cap: $362M

See more insights into TATT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1