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

StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT) in a note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

Euro Tech Trading Up 1.4 %

Shares of NASDAQ:CLWT opened at $1.42 on Monday. Euro Tech has a one year low of $1.28 and a one year high of $1.94. The business’s fifty day moving average price is $1.44 and its two-hundred day moving average price is $1.52.

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 position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 filing with the Securities and Exchange Commission (SEC). 2.86% of the stock is currently owned by institutional investors and hedge funds.

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.