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

StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report released on Monday. The brokerage issued a sell rating on the stock.

Euro Tech Stock Up 0.7 %

CLWT opened at $1.45 on Monday. Euro Tech has a 12 month low of $1.28 and a 12 month high of $1.94. The firm’s fifty day simple moving average is $1.56 and its 200 day simple moving average is $1.61.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 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 currently owned by institutional investors and hedge funds.

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.