StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research note published on Tuesday. The brokerage issued a sell rating on the stock.
Euro Tech Price Performance
Shares of CLWT stock opened at $1.58 on Tuesday. The company’s 50 day moving average is $1.49 and its 200 day moving average is $1.50. Euro Tech has a 52-week low of $1.01 and a 52-week high of $1.82.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors LLC acquired a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned approximately 0.28% of Euro Tech as of its most recent filing with the Securities and Exchange Commission (SEC). 2.86% of the stock is owned by hedge funds and other institutional investors.
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.
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