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

Wolters Kluwer NV (OTCMKTS:WTKWY) gapped up before the market opened on Wednesday. The stock had previously closed at $76.67, but opened at $79.68. Wolters Kluwer shares last traded at $79.41, with a volume of 3,530 shares traded.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. TD Cowen assumed coverage on shares of Wolters Kluwer in a research note on Thursday, September 10th. They issued a “buy” rating for the company. TD Securities raised Wolters Kluwer to a “strong-buy” rating in a research report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Wolters Kluwer presently has an average rating of “Moderate Buy”.

Wolters Kluwer Stock Up 2.7%

The firm has a fifty day simple moving average of $79.71 and a two-hundred day simple moving average of $75.03.

About Wolters Kluwer

Wolters Kluwer N.V. is a global provider of information, software and technology-enabled services for professionals and organizations. Headquartered in Alphen aan den Rijn, the Netherlands, the company serves customers in the health, tax and accounting, financial and corporate compliance, legal and regulatory, and risk management sectors.

The company’s offerings include specialized research and reference content, clinical decision-support tools, tax and accounting software, legal and regulatory information platforms, audit and compliance solutions, and tools for managing corporate performance and risk.