Wolters Kluwer (OTCMKTS:WTKWY) Reaches New 1-Year Low – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWYGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $106.06 and last traded at $106.36, with a volume of 12820 shares traded. The stock had previously closed at $109.69.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Wolters Kluwer from a “hold” rating to an “outperform” rating in a research report on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Get Our Latest Analysis on WTKWY

Wolters Kluwer Stock Performance

The firm’s 50 day simple moving average is $126.07 and its 200 day simple moving average is $147.28.

Wolters Kluwer Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were paid a $0.9147 dividend. The ex-dividend date of this dividend was Wednesday, August 27th. This represents a yield of 179.0%.

Wolters Kluwer Company Profile

(Get Free Report)

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.

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