Company shares are trading at $3.60 barely above $3.40, the stock’s 50 day moving average and which is slightly above the 200 day moving average of $3.31. The 50 day moving average went up $0.20 or +5.94% whereas the 200 day average was up by +8.88%. Euro Tech Holdings Company Limi shares had a trading volume of 333 on Tuesday. Trading volume was down 87.26% under the stocks average daily volume.
Investors are feeling more bearish on Euro Tech Holdings Company Limi of late if you take note of the uptick in short interest. The company saw a rise in short interest of 25.30% between September 15, 2017 and September 29, 2017. Short interest grew from 1,166 to 1,461 over that timeframe. With short interest at 1,461 and short average daily volume at 1,150, days to cover is 1.0 and the percentage of shorted shares is 0.00% as of September 29.
These firms have modified their investment in CLWT. As of quarter end Tower Research Capital LLC (trc) had disposed of 717 shares trimming its position 98.1%. The value of the total investment in Euro Tech Holdings Company Limi went from $2,000 to $0 a change of $2,000 quarter over quarter. Morgan Stanley added to its position by buying 700 shares an increase of 15.2%. Morgan Stanley currently owns 5,300 shares with a value of $17,000. The value of the position overall is down by 0.0%.
As of the end of the quarter Ubs Group Ag had bought a total of 1,050 shares growing its stake by 123.5%. The value of the investment in Euro Tech Holdings Company Limi increased from $3,000 to $6,000 a change of 100.0% quarter to quarter.
The P/E ratio is currently 32.73 and market cap is 7.42M.
Euro Tech Holdings Company Limited (Euro Tech), launched on October 30, 1996, is a distributor of a range of advanced water treatment equipment, laboratory instruments, analyzers, test kits and related supplies and power generation equipment (including recorders and power quality analyzers). The Company acts as a distributor for manufacturers of such equipment, primarily to commercial customers and governmental agencies or instrumentalities in Hong Kong and the People’s Republic of China (PRC). The Company operates two segments: Trading and manufacturing, and Engineering. The Company distributes products through its Hong Kong headquarters, its trading companies and representative offices in Beijing, Shanghai, Guangzhou, Chongqing, Xi’An, Shenyang and Urumqi. The Business’s PRC trading subsidiaries are Chongqing Euro Tech Rizhi Technology Company, Rizhi Euro Tech Investments (Shaanxi) Company Limited and Guangzhou Euro Tech Environmental Equipment Company Limited..