StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a report issued on Monday morning. The brokerage issued a sell rating on the stock.
Euro Tech Price Performance
Shares of CLWT stock opened at $1.40 on Monday. The stock has a 50-day moving average of $1.44 and a 200-day moving average of $1.51. 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 – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 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 at the end of the most recent reporting period. 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.
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