Wolters Kluwer (OTCMKTS:WTKWY) Reaches New 12-Month Low – Here’s Why

Wolters Kluwer NV (OTCMKTS:WTKWY) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $82.85 and last traded at $82.9950, with a volume of 1963 shares trading hands. The stock had previously closed at $94.92.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Wolters Kluwer from a “hold” rating to a “buy” rating in a research note on Tuesday, December 9th. Citigroup started coverage on Wolters Kluwer in a research note on Monday, January 12th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, Wolters Kluwer has an average rating of “Buy”.

Wolters Kluwer Stock Performance

The company has a 50 day moving average price of $103.20 and a 200-day moving average price of $121.29. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 5.05.

Wolters Kluwer Company Profile

Wolters Kluwer is a global information services and software company that provides professional information, software solutions and related services to customers in the health, tax & accounting, governance, risk & compliance, and legal sectors. Headquartered in the Netherlands, the company operates internationally and its shares are listed on Euronext Amsterdam; its American Depositary Receipts trade on the OTC market under the symbol WTKWY.

The company’s offerings center on subscription-based digital products and workflow tools designed to help professionals make decisions, meet regulatory requirements and improve operational efficiency.