Euro Tech (NASDAQ:CLWT) Receives New Coverage from Analysts at StockNews.com

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

Euro Tech Trading Up 4.3 %

Euro Tech stock opened at $1.44 on Tuesday. Euro Tech has a 52 week low of $1.01 and a 52 week high of $2.65. The stock has a 50-day simple moving average of $1.32 and a 200 day simple moving average of $1.39.

Institutional Investors Weigh In On Euro Tech

An institutional investor recently raised its position in Euro Tech stock. Renaissance Technologies LLC raised its position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Rating) by 40.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,090 shares of the company’s stock after purchasing an additional 27,509 shares during the period. Renaissance Technologies LLC owned approximately 1.24% of Euro Tech worth $146,000 at the end of the most recent reporting period. 4.41% of the stock is currently owned by hedge funds and other institutional investors.

Euro Tech Company Profile

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Euro Tech Holdings Co Ltd. is engaged in the manufacture and distribution of water treatment equipment. It operates through the Trading and Manufacturing, and Engineering business segments. The Trading and Manufacturing segment offers laboratory instruments, analyzers, test kits, and power generation equipment.