Euro Tech (NASDAQ:CLWT) Trading 1.7% Higher – Time to Buy?

Euro Tech Holdings Company Limited (NASDAQ:CLWT)’s stock price was up 1.7% on Tuesday . The company traded as high as $1.19 and last traded at $1.17. Approximately 4,177 shares changed hands during trading, a decline of 40% from the average daily volume of 6,998 shares. The stock had previously closed at $1.15.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Euro Tech in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Euro Tech Stock Up 1.7%

The firm has a 50 day moving average of $1.24 and a two-hundred day moving average of $1.24.

Euro Tech (NASDAQ:CLWT) last posted its earnings results on Tuesday, December 30th. The company reported ($0.01) EPS for the quarter. The business had revenue of $2.94 million during the quarter.

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.