StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research note issued to investors on Saturday morning. The firm issued a sell rating on the stock.
Euro Tech Stock Down 4.1 %
NASDAQ CLWT opened at $1.40 on Friday. The company has a fifty day simple moving average of $1.47 and a 200 day simple moving average of $1.55. 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 purchased a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the 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 4.05% of Euro Tech as of its most recent SEC filing. Institutional investors and hedge funds own 2.86% of the company’s stock.
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.
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