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

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

Euro Tech Stock Down 4.1 %

Shares of CLWT opened at $1.40 on Friday. Euro Tech has a 1-year low of $1.28 and a 1-year high of $1.94. The firm’s 50-day moving average price is $1.47 and its 200-day moving average price is $1.55.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 at the end of the most recent quarter. 2.86% of the stock is currently owned by 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.