StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research note released on Saturday morning. The firm issued a sell rating on the stock.
Euro Tech Trading Down 4.1 %
Shares of CLWT opened at $1.40 on Friday. The stock has a fifty day moving average of $1.47 and a 200-day moving average of $1.55. Euro Tech has a 52 week low of $1.28 and a 52 week high of $1.94.
Hedge Funds 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 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 13F filing with the SEC. The firm purchased 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 as of its most recent filing with the SEC. 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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