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 research report issued to clients and investors on Friday. The brokerage set a “sell” rating on the stock.

Euro Tech Price Performance

Euro Tech stock opened at $1.50 on Friday. Euro Tech has a 12 month low of $1.28 and a 12 month high of $1.94. The stock has a fifty day simple moving average of $1.47 and a two-hundred day simple moving average of $1.55.

Hedge Funds 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) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned about 4.05% of Euro Tech as of its most recent SEC filing. 2.86% of the stock is 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.