India, Aug. 5 -- TAT Technologies Ltd. (TATT) shares climbed $7.43, or 17.85 percent, to $49.08 on Wednesday, after the aerospace and defense services company reported stronger second-quarter earnings and revenue compared with the prior-year period.
The stock opened at $49.42 and traded between $48.90 and $52.99 during the session on the Nasdaq. It has traded in a 52-week range of $30.36 to $64.50. Trading volume reached 217,216 shares, compared with an average daily volume of 212,640 shares.
Second-quarter net earnings increased to $8.07 million, or $0.61 per share, from $3.44 million, or $0.30 per share, a year earlier. Adjusted earnings were $4.66 million, or $0.35 per share. Revenue rose 22.8 percent to $52.94 million from $43.10 mill...