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

Equities researchers at StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report issued on Wednesday. The brokerage set a “sell” rating on the stock.

Euro Tech Stock Up 0.8 %

Shares of CLWT opened at $1.31 on Wednesday. Euro Tech has a twelve month low of $1.22 and a twelve month high of $1.94. The firm’s 50 day moving average price is $1.41 and its two-hundred day moving average price is $1.50.

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 acquired a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 reporting period. 2.86% of the stock is 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.