StockNews.com Initiates Coverage on Euro Tech (NASDAQ:CLWT)

by · The Cerbat Gem

StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a report issued on Monday. The firm issued a sell rating on the stock.

Euro Tech Stock Performance

Shares of NASDAQ:CLWT opened at $1.45 on Monday. Euro Tech has a 12 month low of $1.28 and a 12 month high of $1.94. The company’s fifty day moving average price is $1.56 and its 200 day moving average price is $1.60.

Institutional Trading of Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) in the third quarter, according to the company in its most recent 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 about 4.05% of Euro Tech at the end of the most recent quarter. 2.86% of the stock is currently owned by hedge funds and other institutional investors.

Euro Tech Company Profile

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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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