Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 18,406 shares, a decrease of 85.9% from the October 15th total of 130,664 shares. Based on an average daily volume of 38,983 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.2% of the shares of the company are short sold.
Euro Tech Price Performance
CLWT traded up $0.07 during mid-day trading on Friday, reaching $1.22. 11,931 shares of the company traded hands, compared to its average volume of 872,479. The company’s fifty day moving average price is $1.41 and its 200-day moving average price is $1.38. Euro Tech has a 52-week low of $0.99 and a 52-week high of $2.68.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded Euro Tech from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 25th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the company currently has an average rating of “Hold”.
View Our Latest Stock Analysis on Euro Tech
Euro Tech Company Profile
Euro Tech Holdings Company Limited, doing business as Euro Tech (NASDAQ: CLWT), is a Hong Kong-based distributor of water treatment equipment and analytical instruments. The company supplies products used in municipal and industrial water and wastewater treatment, as well as equipment for monitoring and analyzing water quality and industrial processes. Its product offerings include water filtration and purification systems, membrane-related equipment, pumps, ultraviolet and ozone treatment systems, and laboratory and environmental testing instruments.
See Also
- Five stocks we like better than Euro Tech
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for Euro Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euro Tech and related companies with MarketBeat.com's FREE daily email newsletter.
