StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT – Get Free Report) in a report released on Thursday. The brokerage set a “sell” rating on the stock.
Euro Tech Trading Down 4.6 %
CLWT opened at $1.25 on Thursday. Euro Tech has a 1-year low of $1.16 and a 1-year high of $1.94. The firm’s 50 day simple moving average is $1.39 and its two-hundred day simple moving average is $1.49.
Institutional Inflows and Outflows
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 – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 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. Hedge funds and other 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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