Euro Tech (NASDAQ:CLWT) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT) in a research note released on Tuesday. The firm issued a sell rating on the stock.

Euro Tech Stock Performance

Shares of CLWT stock opened at $1.66 on Tuesday. Euro Tech has a 52-week low of $1.01 and a 52-week high of $1.89. The stock’s 50-day moving average price is $1.67 and its 200 day moving average price is $1.51.

Hedge Funds Weigh In On Euro Tech

An institutional investor recently raised its position in Euro Tech stock. Renaissance Technologies LLC grew its holdings in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) by 40.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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. Hedge funds and other institutional investors own 3.01% of the company’s stock.

Euro Tech Company Profile

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.