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

Stock analysts at StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report issued to clients and investors on Thursday. The firm set a “sell” rating on the stock.

Euro Tech Trading Down 4.6 %

NASDAQ:CLWT opened at $1.25 on Thursday. The company’s 50 day moving average price is $1.39 and its 200-day moving average price is $1.49. Euro Tech has a 52 week low of $1.16 and a 52 week high of $1.94.

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 shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third 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 4.05% of Euro Tech as of its most recent SEC filing. 2.86% of the stock is currently owned by institutional investors and hedge funds.

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.