Euro Tech (NASDAQ:CLWT) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report issued to clients and investors on Tuesday. The brokerage set a “sell” rating on the stock.

Euro Tech Trading Up 1.2 %

Shares of NASDAQ CLWT opened at $1.30 on Tuesday. The firm’s fifty day moving average is $1.43 and its two-hundred day moving average is $1.50. Euro Tech has a 52-week low of $1.24 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 bought a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 quarter. Hedge funds and other institutional investors own 2.86% of the company’s stock.

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.