Euro Tech (NASDAQ:CLWT) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report sent to investors on Sunday morning. The brokerage issued a sell rating on the stock.

Euro Tech Price Performance

CLWT stock opened at $1.39 on Friday. Euro Tech has a one year low of $1.28 and a one year high of $1.94. The company’s fifty day moving average price is $1.45 and its 200-day moving average price is $1.53.

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 shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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. 2.86% of the stock is owned by institutional investors.

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.