Equities researchers at StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT – Get Rating) in a report released on Sunday. The firm set a "sell" rating on the stock.
Euro Tech Stock Performance
CLWT stock opened at $1.38 on Friday. Euro Tech has a 1-year low of $1.07 and a 1-year high of $2.65. The company's 50 day moving average is $1.40 and its 200 day moving average is $1.43.
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Institutional Inflows and Outflows
A hedge fund recently raised its stake in Euro Tech stock. Renaissance Technologies LLC grew its position in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Rating) by 40.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 96,090 shares of the company's stock after acquiring 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 filing with the Securities and Exchange Commission (SEC). Institutional investors own 4.41% of the company's stock.
About Euro Tech
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Euro Tech Holdings Co Ltd. is engaged in the manufacture and distribution of water treatment equipment. It operates through the Trading and Manufacturing, and Engineering business segments. The Trading and Manufacturing segment offers laboratory instruments, analyzers, test kits, and power generation equipment.
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