CLWT Stock Plummets 6.75% Amid Market Volatility

CLWT, the stock of Euro Tech Holdings Company Limited, experienced significant volatility as the price dropped by 6.75%. The stock is currently trading at $1.52 per share with a trading volume of 5,224 shares and a turnover rate of 0.07%. The price fluctuation rate stands at 6.13%.

According to the recent financial report, Euro Tech Holdings posted a revenue of $17.94 million, a net profit of $1.83 million, and earnings per share (EPS) of $0.24. The company reported a gross profit of $3.86 million, with a price-to-earnings ratio (P/E ratio) of 6.75.

In terms of institutional ratings, there are currently no buy, hold, or sell recommendations for CLWT. Within the pollution control industry, to which Euro Tech Holdings belongs, the overall sector saw a decline of 0.96%. Among its peers, 374Water Inc., Purecycle Technologies Inc. C/Wts, and Atmus Filtration Technologies Inc. saw significant gains. Meanwhile, Purecycle Technologies, Inc., China Natural Resources, and Veralto Corp showed notable trading activity with turnover rates of 1.07%, 0.50%, and 0.43% respectively.

Euro Tech Holdings (Far East) Limited is a distributor and manufacturer of technological instruments, as well as a provider of environmental engineering services. The company focuses on the sales and trade of process control, analytical testing instruments, disinfection equipment, consumables, and related automation systems for water and wastewater. The company operates through two main divisions: the Trading and Manufacturing segment, which significantly contributes to its revenue through the distribution of water treatment equipment, laboratory instruments, analyzers, test kits, and power generation devices; and the Engineering segment, which provides wastewater treatment and air pollution control services. A substantial portion of its revenue is derived from Hong Kong.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.