Euro Tech (NASDAQ:CLWT) Stock Price Down 3.7% – Here’s What Happened

Euro Tech Holdings Company Limited (NASDAQ:CLWT) shares dropped 3.7% during mid-day trading on Monday . The company traded as low as $1.53 and last traded at $1.57. Approximately 24,219 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 122,122 shares. The stock had previously closed at $1.63.

Euro Tech Trading Down 3.7%

The stock’s fifty day simple moving average is $1.43 and its 200 day simple moving average is $1.30.

Euro Tech (NASDAQ:CLWT) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $3.69 million during 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.