StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT – Free Report) in a research note released on Tuesday. The firm issued a sell rating on the stock.
Euro Tech Stock Performance
Shares of CLWT stock opened at $1.54 on Tuesday. The stock has a 50 day simple moving average of $1.50 and a 200 day simple moving average of $1.50. Euro Tech has a 1 year low of $1.20 and a 1 year high of $1.82.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors LLC acquired a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned approximately 0.28% of Euro Tech at the end of the most recent reporting period. Hedge funds and other institutional investors own 2.86% of the company’s stock.
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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