Euro Tech Holdings Company Limited (NASDAQ:CLWT) : Traders are bullish on Euro Tech Holdings Company Limited (NASDAQ:CLWT) as it has outperformed the S&P 500 by a wide margin of 38.96% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 34.96%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 36.69% in the last 1 week, and is up 41.2% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 29.53% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $4.19 and the one year low was seen on May 18, 2016. The 50-Day Moving Average price is $2.33 and the 200 Day Moving Average price is recorded at $2.91.
The stock has recorded a 20-day Moving Average of 32.58% and the 50-Day Moving Average is 31.58%.
Euro Tech Holdings Company Limited (NASDAQ:CLWT): stock turned positive on Friday. Though the stock opened at $2.65, the bulls momentum made the stock top out at $4.19 level for the day. The stock recorded a low of $2.65 and closed the trading day at $3.29, in the green by 48.87%. The total traded volume for the day was 1,339,733. The stock had closed at $2.21 in the previous days trading.
Euro Tech Holdings Company Ltd. (Euro Tech) 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 operates in two business segments: Trading and manufacturing, and Engineering. The Company, through its PRC subsidiary, Shanghai Euro Tech Limited, engages in the development, production, sales and servicing of environmental equipment. The Company distributes analytical instruments, environmental quality monitoring instruments, sample pre-treatment equipment and general purpose laboratory instruments. The Company distributes general testing and measuring equipment, including multi-channel digital and analogue recorders, signal amplifiers and calibration equipment for energy conservation, renewable energy equipment, power quality analyzers, continuous emissions monitoring systems and air pollution control systems.