Research analysts at StockNews.com assumed coverage on shares of Euro Tech (NASDAQ:CLWT – Get Rating) in a research note issued on Sunday. The brokerage set a “sell” rating on the stock.
Euro Tech Price Performance
Shares of Euro Tech stock opened at $1.60 on Friday. The company’s fifty day simple moving average is $1.52 and its two-hundred day simple moving average is $1.42. Euro Tech has a 12-month low of $1.01 and a 12-month high of $2.65.
Hedge Funds Weigh In On Euro Tech
A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors LLC bought a new position in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 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 quarter. 3.36% of the stock is 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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