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

Equities research analysts at StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT) in a note issued to investors on Friday. The firm set a “sell” rating on the stock.

Euro Tech Price Performance

CLWT opened at $1.19 on Friday. Euro Tech has a 12-month low of $1.14 and a 12-month high of $1.94. The firm has a 50 day moving average of $1.38 and a two-hundred day moving average of $1.48.

Hedge Funds Weigh In On Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC bought a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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. 2.86% of the stock is owned by hedge funds and other institutional investors.

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.