StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research report released on Tuesday morning. The brokerage issued a sell rating on the stock.
Euro Tech Price Performance
Shares of NASDAQ:CLWT opened at $1.38 on Tuesday. Euro Tech has a 52 week low of $1.28 and a 52 week high of $1.94. The company’s 50 day moving average is $1.53 and its two-hundred day moving average is $1.59.
Institutional Investors Weigh In On Euro Tech
An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing 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 approximately 4.05% of Euro Tech at the end of the most recent reporting period. 2.86% of the stock is currently 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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