Euro Tech (NASDAQ:CLWT) Shares Up 1.7% – Here’s Why

Euro Tech Holdings Company Limited (NASDAQ:CLWT) rose 1.7% during mid-day trading on Tuesday . The stock traded as high as $1.19 and last traded at $1.17. Approximately 4,177 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 6,998 shares. The stock had previously closed at $1.15.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Euro Tech in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Euro Tech Stock Down 0.4%

The firm’s fifty day simple moving average is $1.24 and its 200 day simple moving average is $1.24.

Euro Tech (NASDAQ:CLWT) last issued its quarterly earnings results on Tuesday, December 30th. The company reported ($0.01) EPS for the quarter. The company had revenue of $2.94 million for the quarter.

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.