Research analysts at StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT – Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a “sell” rating on the stock.
Euro Tech Price Performance
Shares of CLWT stock opened at $1.54 on Tuesday. The company’s fifty day simple moving average is $1.49 and its 200-day simple moving average is $1.50. Euro Tech has a 52 week low of $1.16 and a 52 week high of $1.82.
Hedge Funds Weigh In On Euro Tech
An institutional investor recently bought a new position in Euro Tech stock. Citadel Advisors LLC bought a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned 0.28% of Euro Tech at the end of the most recent quarter. 2.86% of the stock is currently 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.
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