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

Stock analysts at StockNews.com started coverage on shares of Euro Tech (NASDAQ:CLWT) in a research report issued to clients and investors on Tuesday. The firm set a “sell” rating on the stock.

Euro Tech Stock Performance

Euro Tech stock opened at $1.57 on Tuesday. Euro Tech has a 1 year low of $1.01 and a 1 year high of $1.82. The business has a 50-day moving average of $1.49 and a 200-day moving average of $1.50.

Institutional Investors Weigh In On Euro Tech

An institutional investor recently raised its position in Euro Tech stock. Renaissance Technologies LLC raised its position in Euro Tech Holdings Company Limited (NASDAQ:CLWT) by 40.1% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 96,090 shares of the company’s stock after acquiring an additional 27,509 shares during the period. Renaissance Technologies LLC owned about 1.24% of Euro Tech worth $146,000 as of its most recent filing with the SEC. 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.