Euro Tech (NASDAQ:CLWT) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report released on Monday. The brokerage issued a sell rating on the stock.

Euro Tech Stock Performance

Euro Tech stock opened at $1.45 on Monday. The business has a 50 day simple moving average of $1.56 and a 200-day simple moving average of $1.60. Euro Tech has a 12 month low of $1.28 and a 12 month high of $1.94.

Institutional Trading of Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned approximately 4.05% of Euro Tech as of its most recent SEC filing. Institutional investors own 2.86% of the company’s stock.

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.