Euro Tech (NASDAQ:CLWT) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT) in a research note published on Tuesday morning. The brokerage issued a sell rating on the stock.

Euro Tech Stock Down 2.1 %

CLWT stock opened at $1.42 on Tuesday. Euro Tech has a 1 year low of $1.28 and a 1 year high of $1.94. The company has a fifty day simple moving average of $1.55 and a 200 day simple moving average of $1.59.

Institutional Inflows and Outflows

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

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.