Euro Tech (NASDAQ:CLWT) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT) in a research note issued on Tuesday. The brokerage set a “sell” rating on the stock.

Euro Tech Price Performance

Shares of CLWT stock opened at $1.45 on Tuesday. Euro Tech has a 12-month low of $1.28 and a 12-month high of $1.94. The firm has a 50-day moving average price of $1.55 and a 200 day moving average price of $1.59.

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 acquired a new position in Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 filing with the Securities and Exchange Commission (SEC). 2.86% of the stock is owned by hedge funds and other institutional investors.

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.