Euro Tech (NASDAQ:CLWT) Upgraded by ValuEngine to Buy

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ValuEngine upgraded shares of Euro Tech (NASDAQ:CLWT) from a hold rating to a buy rating in a research note issued to investors on Sunday, ValuEngine reports.

NASDAQ CLWT traded up $0.07 during trading hours on Friday, hitting $2.54. 5,500 shares of the company’s stock were exchanged, compared to its average volume of 16,502. The business’s 50 day moving average is $3.01 and its 200-day moving average is $3.84. Euro Tech has a 12-month low of $1.50 and a 12-month high of $7.82.

An institutional investor recently raised its position in Euro Tech stock. Acadian Asset Management LLC raised its position in Euro Tech Holdings Company Ltd (NASDAQ:CLWT) by 149.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,608 shares of the company’s stock after purchasing an additional 12,935 shares during the quarter. Acadian Asset Management LLC owned 1.05% of Euro Tech worth $92,000 at the end of the most recent quarter. 1.75% of the stock is owned by institutional investors.

Euro Tech Company Profile

Euro Tech Holdings Company Limited, through its subsidiaries, distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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