Euro Tech (NASDAQ:CLWT) Now Covered by Analysts at StockNews.com

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

Euro Tech Price Performance

Shares of NASDAQ CLWT opened at $1.42 on Monday. The stock has a fifty day simple moving average of $1.44 and a two-hundred day simple moving average of $1.52. Euro Tech has a 1-year low of $1.28 and a 1-year high of $1.94.

Institutional Investors Weigh In On Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC bought a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 2.86% of the company’s stock.

About Euro Tech

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.