CLWT Stock Plummets Amidst Broader Pollution Control Sector Decline

Author's Avatar
Dec 31, 2024

Euro Tech Holdings (CLWT, Financial) experienced a significant stock price drop of 6.34%, trading at $1.33 per share with a volume of 2,677 shares. The company's recent financial report shows a revenue of $7.26 million and a net profit of $44,000, resulting in an earnings per share of $0.01 and a price-to-earnings ratio of 4.91. No institutional ratings are currently available for CLWT.

Within the pollution control industry, the overall decline was 0.43%. Notable performers in this sector included Arq, Inc., 374Water Inc., and China Natural Resources, with the latter showing high trading activity. Euro Tech Holdings specializes in distributing and manufacturing scientific instruments and providing environmental engineering services, primarily focused on water and wastewater process control and related equipment. The majority of its revenue is generated 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.