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

Research analysts at StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT) in a report released on Friday. The brokerage set a “sell” rating on the stock.

Euro Tech Stock Down 4.8 %

NASDAQ:CLWT opened at $1.19 on Friday. The company has a 50 day moving average price of $1.38 and a 200-day moving average price of $1.48. Euro Tech has a 1-year low of $1.14 and a 1-year high of $1.94.

Institutional Investors Weigh In On Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned 4.05% of Euro Tech as of its most recent filing with the SEC. 2.86% of the stock is owned by institutional investors.

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.