StockNews.com Initiates Coverage on Euro Tech (NASDAQ:CLWT)

Analysts at StockNews.com initiated coverage on shares of Euro Tech (NASDAQ:CLWT) in a note issued to investors on Sunday. The brokerage set a “sell” rating on the stock.

Euro Tech Stock Up 3.8 %

Shares of Euro Tech stock opened at $1.65 on Friday. The firm’s fifty day simple moving average is $1.53 and its 200-day simple moving average is $1.59. Euro Tech has a 12 month low of $1.22 and a 12 month high of $1.94.

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.