Wolters Kluwer (OTCMKTS:WTKWY) Shares Up 7.1% – Should You Buy?

Wolters Kluwer NV (OTCMKTS:WTKWY) shares were up 7.1% during mid-day trading on Tuesday . The stock traded as high as $81.9715 and last traded at $81.9715. Approximately 12,365 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 128,461 shares. The stock had previously closed at $76.57.

Analyst Upgrades and Downgrades

WTKWY has been the subject of several recent analyst reports. Citigroup restated a “buy” rating on shares of Wolters Kluwer in a research note on Thursday, April 9th. Zacks Research upgraded shares of Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Finally, The Goldman Sachs Group began coverage on shares of Wolters Kluwer in a research note on Wednesday, June 3rd. They set a “neutral” rating for the company. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Wolters Kluwer presently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Trading Up 3.3%

The company has a debt-to-equity ratio of 4.92, a current ratio of 0.65 and a quick ratio of 0.63. The firm has a fifty day simple moving average of $69.98 and a 200 day simple moving average of $76.81.

About Wolters Kluwer

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.