StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research report report published on Saturday. The firm issued a sell rating on the stock.
Euro Tech Trading Up 1.4 %
Euro Tech stock opened at $1.42 on Friday. The firm’s 50-day simple moving average is $1.47 and its 200 day simple moving average is $1.54. Euro Tech has a 52 week low of $1.28 and a 52 week high of $1.94.
Institutional Inflows and Outflows
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 – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 filing with the Securities and Exchange Commission (SEC). Hedge funds and other 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.
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