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

Research analysts at StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWT) in a report issued on Thursday. The firm set a “sell” rating on the stock.

Euro Tech Stock Down 1.5 %

Shares of NASDAQ:CLWT opened at $1.28 on Thursday. Euro Tech has a one year low of $1.22 and a one year high of $1.94. The company has a 50-day simple moving average of $1.40 and a 200-day simple moving average of $1.49.

Institutional Trading of Euro Tech

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) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 SEC filing. Hedge funds and other 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.