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

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

Euro Tech Stock Performance

Shares of CLWT stock opened at $1.28 on Tuesday. The company’s 50-day simple moving average is $1.42 and its two-hundred day simple moving average is $1.50. Euro Tech has a one year low of $1.24 and a one year 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 purchased a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 quarter. 2.86% of the stock is owned by hedge funds and other 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.