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

StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT) in a research note released on Wednesday morning. The firm issued a sell rating on the stock.

Euro Tech Price Performance

Shares of CLWT stock opened at $1.44 on Wednesday. The stock’s 50-day moving average is $1.52 and its 200 day moving average is $1.58. 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 acquired a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 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 at the end of the most recent quarter. 2.86% of the stock is owned by hedge funds and other institutional investors.

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.