Euro Tech (NASDAQ:CLWT) Announces Earnings Results

Euro Tech (NASDAQ:CLWT) announced its quarterly earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, FiscalAI reports. The business had revenue of $3.69 million during the quarter.

Euro Tech Trading Up 3.7%

CLWT stock traded up $0.04 on Thursday, hitting $1.27. The company had a trading volume of 735 shares, compared to its average volume of 5,010. Euro Tech has a 12-month low of $0.99 and a 12-month high of $1.63. The stock’s 50-day simple moving average is $1.23 and its 200 day simple moving average is $1.21.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Euro Tech in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.