Wolters Kluwer (OTCMKTS:WTKWY) Sets New 12-Month Low – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY) hit a new 52-week low during trading on Tuesday . The company traded as low as $95.6740 and last traded at $96.52, with a volume of 21270 shares trading hands. The stock had previously closed at $99.26.

Wall Street Analyst Weigh In

Several analysts have issued reports on WTKWY shares. Citigroup began coverage on shares of Wolters Kluwer in a report on Monday, January 12th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft raised Wolters Kluwer from a “hold” rating to a “buy” rating in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Wolters Kluwer Stock Down 2.5%

The stock has a 50-day moving average price of $104.18 and a 200 day moving average price of $123.65. The company has a debt-to-equity ratio of 5.05, a current ratio of 0.71 and a quick ratio of 0.69.

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.