Euro Tech (NASDAQ:CLWT) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday, ValuEngine reports.

Shares of Euro Tech stock traded up $0.09 during trading hours on Wednesday, hitting $4.29. 10,710 shares of the company’s stock traded hands, compared to its average volume of 284,265. Euro Tech has a twelve month low of $2.25 and a twelve month high of $11.73.

An institutional investor recently raised its position in Euro Tech stock. Morgan Stanley grew its holdings in shares of Euro Tech Holdings Company Ltd (NASDAQ:CLWT) by 121.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,926 shares of the company’s stock after acquiring an additional 2,697 shares during the period. Morgan Stanley owned about 0.24% of Euro Tech worth $27,000 as of its most recent SEC filing. Institutional investors own 0.60% of the company’s stock.

Euro Tech Company Profile

Euro Tech Holdings Company Limited, through its subsidiaries, distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment 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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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