StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research note issued to investors on Monday morning. The firm issued a sell rating on the stock.
Euro Tech Trading Down 1.4 %
Shares of NASDAQ:CLWT opened at $1.40 on Monday. Euro Tech has a 12 month low of $1.28 and a 12 month high of $1.94. The firm’s 50-day moving average is $1.44 and its 200 day moving average is $1.52.
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 purchased a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund 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. 2.86% of the stock is owned by hedge funds and other institutional investors.
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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