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

Stock analysts at StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT) in a report released on Wednesday. The brokerage set a “sell” rating on the stock.

Euro Tech Price Performance

Shares of NASDAQ CLWT opened at $1.31 on Wednesday. The business has a 50 day simple moving average of $1.41 and a 200 day simple moving average of $1.50. Euro Tech has a 52 week low of $1.24 and a 52 week high of $1.94.

Institutional Inflows and Outflows

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) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned about 4.05% of Euro Tech at the end of the most recent reporting period. 2.86% of the stock is currently owned by institutional investors and hedge funds.

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.