StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research note released on Wednesday. The brokerage issued a sell rating on the stock.
Euro Tech Price Performance
NASDAQ CLWT opened at $1.54 on Wednesday. The company’s fifty day simple moving average is $1.66 and its 200-day simple moving average is $1.52. Euro Tech has a 52 week low of $1.01 and a 52 week high of $1.89.
Institutional Trading of Euro Tech
A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors LLC acquired a new position in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned 0.28% of Euro Tech as of its most recent SEC filing. 3.01% of the stock is currently owned by institutional investors and hedge funds.
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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