Euro Tech (NASDAQ:CLWT) Shares Up 3% – Time to Buy?

Shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) rose 3% on Monday . The company traded as high as $1.25 and last traded at $1.2050. Approximately 1,914 shares traded hands during trading, a decline of 66% from the average daily volume of 5,572 shares. The stock had previously closed at $1.17.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Euro Tech in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Euro Tech Stock Performance

The business’s 50-day moving average is $1.23 and its 200-day moving average is $1.21.

Euro Tech (NASDAQ:CLWT) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $3.69 million during the quarter.

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.