Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Up – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY) gapped up before the market opened on Thursday . The stock had previously closed at $78.84, but opened at $82.56. Wolters Kluwer shares last traded at $82.2090, with a volume of 29,277 shares changing hands.

Analyst Upgrades and Downgrades

WTKWY has been the subject of a number of recent research reports. The Goldman Sachs Group assumed coverage on Wolters Kluwer in a research note on Wednesday, June 3rd. They set a “neutral” rating for the company. Zacks Research raised Wolters Kluwer from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Wolters Kluwer presently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Down 3.0%

The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 4.92. The company has a 50 day moving average of $76.05 and a two-hundred day moving average of $74.79.

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.