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

Analysts at StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWTGet Rating) in a research report issued to clients and investors on Wednesday. The brokerage set a “sell” rating on the stock.

Shares of CLWT stock opened at $1.35 on Wednesday. Euro Tech has a twelve month low of $1.12 and a twelve month high of $3.81. The business has a fifty day simple moving average of $1.46 and a 200 day simple moving average of $1.67.

An institutional investor recently raised its position in Euro Tech stock. Renaissance Technologies LLC raised its position in Euro Tech Holdings Company Limited (NASDAQ:CLWTGet Rating) by 40.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,090 shares of the company’s stock after purchasing an additional 27,509 shares during the quarter. Renaissance Technologies LLC owned 1.24% of Euro Tech worth $146,000 as of its most recent SEC filing. Institutional investors and hedge funds own 5.83% of the company’s stock.

Euro Tech Company Profile (Get Rating)

Euro Tech Holdings Company Limited 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 through two segments, Trading and Manufacturing, and Engineering.

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