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

Equities research analysts at StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report issued on Wednesday. The brokerage set a “sell” rating on the stock.

Euro Tech Stock Up 0.7 %

NASDAQ:CLWT opened at $1.44 on Wednesday. Euro Tech has a 52-week low of $1.28 and a 52-week high of $1.94. The business’s 50-day moving average price is $1.52 and its 200 day moving average price is $1.58.

Institutional Trading of Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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 filing with the Securities and Exchange Commission (SEC). 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.