Euro Tech (NASDAQ:CLWT) Earns Sell Rating from Analysts at StockNews.com

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

Euro Tech Stock Performance

Shares of Euro Tech stock opened at $1.50 on Friday. Euro Tech has a 1 year low of $1.28 and a 1 year high of $1.94. The business has a 50 day moving average price of $1.47 and a 200 day moving average price of $1.55.

Institutional Trading of Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new position in Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (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 approximately 4.05% of Euro Tech as of its most recent SEC filing. 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.