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

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

Euro Tech Price Performance

Euro Tech stock opened at $1.54 on Wednesday. Euro Tech has a 52 week low of $1.01 and a 52 week high of $2.65. The business’s 50-day moving average price is $1.34 and its 200 day moving average price is $1.40.

Institutional Trading of Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors LLC purchased a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Rating) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned approximately 0.28% of Euro Tech at the end of the most recent quarter. Institutional investors and hedge funds own 4.41% of the company’s stock.

About Euro Tech

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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 segments. The Trading and Manufacturing segment offers laboratory instruments, analyzers, test kits, and power generation equipment.