The Euro Tech Holdings Company Limited (CLWT) shares are trading at lower $3.06.
To add more color to this target, the company’s high over the last year is $3.88 and the low is $1.55. Over the last 52 weeks, CLWT is down -21.20% while the S&P 500 is down -2.38%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
CLWT booked profit margins of -0.80%, its Return on Equity (ROE) is -1.00%, and its Return on Assets is -0.70%. All told, it is clear that, CLWT needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. CLWT has a short ratio of 0.42 and outstanding shares of 3.81M.
CLWT has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 79510.0 and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.06. Euro Tech Holdings Company Limited CLWT also noted assets of $19.36 million at the end of the last quarter. Investors should also keep an eye on sector updates as CLWT has historically followed its peers on positive news.
All told, Euro Tech Holdings Company Limited CLWT has strung together solid data and demonstrated underlying fundamentals. At its current valuation, CLWT represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Euro Tech Holdings Company Limited CLWT is now commanding a market cap of 9.70M and a float of 1.37M. CLWT is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of CLWT stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in CLWT, either long or short, and we have not been compensated for this article.