StockNews.com Begins Coverage on Euro Tech (NASDAQ:CLWT)

Stock analysts at StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

Euro Tech Stock Performance

Shares of Euro Tech stock opened at $1.45 on Monday. Euro Tech has a twelve month low of $1.28 and a twelve month high of $1.94. The business has a 50-day moving average price of $1.56 and a 200-day moving average price of $1.60.

Institutional Trading of Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new position in Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned about 4.05% of Euro Tech as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 2.86% of the company’s stock.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.