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

Investment analysts at StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWT) in a research note issued on Tuesday. The firm set a “sell” rating on the stock.

Euro Tech Stock Up 1.3 %

Shares of Euro Tech stock opened at $1.57 on Tuesday. Euro Tech has a 1-year low of $1.01 and a 1-year high of $1.82. The business’s fifty day moving average price is $1.49 and its two-hundred day moving average price is $1.50.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Euro Tech stock. Renaissance Technologies LLC raised its position in Euro Tech Holdings Company Limited (NASDAQ:CLWT) by 40.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 96,090 shares of the company’s stock after acquiring an additional 27,509 shares during the period. Renaissance Technologies LLC owned about 1.24% of Euro Tech worth $146,000 as of its most recent SEC filing. 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.