Wolters Kluwer (OTCMKTS:WTKWY) Sets New 52-Week Low – What’s Next?

Wolters Kluwer NV (OTCMKTS:WTKWY)’s share price hit a new 52-week low on Thursday . The company traded as low as $65.27 and last traded at $66.80, with a volume of 113854 shares changing hands. The stock had previously closed at $68.39.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Zacks Research upgraded Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. The Goldman Sachs Group began coverage on Wolters Kluwer in a research note on Wednesday, June 3rd. They issued a “neutral” rating on the stock. Finally, Citigroup reiterated a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Performance

The business’s fifty day moving average price is $74.17 and its two-hundred day moving average price is $84.40. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 4.92.

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.