Euro Tech (NASDAQ:CLWT) Now Covered by StockNews.com

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

Euro Tech Price Performance

Shares of Euro Tech stock opened at $1.45 on Tuesday. The firm has a 50 day simple moving average of $1.55 and a 200 day simple moving average of $1.59. Euro Tech has a fifty-two week low of $1.28 and a fifty-two week high of $1.94.

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 position 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 and 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 at the end of the most recent quarter. Institutional investors own 2.86% of the company’s stock.

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.