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

Investment analysts at StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report issued on Thursday. The firm set a “sell” rating on the stock.

Euro Tech Stock Performance

Shares of NASDAQ CLWT opened at $1.44 on Thursday. The firm’s 50-day simple moving average is $1.49 and its 200 day simple moving average is $1.56. Euro Tech has a fifty-two week low of $1.28 and a fifty-two week high of $1.94.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned 4.05% of Euro Tech as of its most recent SEC filing. Institutional investors and hedge funds own 2.86% of the company’s stock.

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.