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

StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWTFree Report) in a research report report published on Tuesday. The firm issued a sell rating on the stock.

Euro Tech Price Performance

Euro Tech stock opened at $1.38 on Tuesday. The company’s 50 day simple moving average is $1.53 and its 200-day simple moving average is $1.59. Euro Tech has a 1 year low of $1.28 and a 1 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 Euro Tech Holdings Company Limited (NASDAQ:CLWTFree Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund 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 as of its most recent filing with the SEC. 2.86% of the stock is currently owned by institutional investors.

Euro Tech Company Profile

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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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