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

StockNews.com began coverage on shares of Euro Tech (NASDAQ:CLWTGet Rating) in a research note published on Monday. The brokerage issued a sell rating on the stock.

Euro Tech Price Performance

Shares of NASDAQ:CLWT opened at $1.48 on Monday. Euro Tech has a 52-week low of $1.07 and a 52-week high of $2.65. The business’s 50 day moving average is $1.37 and its 200 day moving average is $1.42.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Euro Tech stock. Renaissance Technologies LLC increased its position in Euro Tech Holdings Company Limited (NASDAQ:CLWTGet Rating) by 40.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,090 shares of the company’s stock after purchasing an additional 27,509 shares during the quarter. Renaissance Technologies LLC owned approximately 1.24% of Euro Tech worth $146,000 as of its most recent SEC filing. Institutional investors own 4.37% of the company’s stock.

About Euro Tech

(Get Rating)

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.

Further Reading

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