Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Down – Should You Sell?

Wolters Kluwer NV (OTCMKTS:WTKWY) gapped down prior to trading on Wednesday . The stock had previously closed at $76.14, but opened at $71.74. Wolters Kluwer shares last traded at $71.7780, with a volume of 2,438 shares changing hands.

Analyst Ratings Changes

WTKWY has been the subject of several analyst reports. Citigroup restated a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Zacks Research upgraded Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Wolters Kluwer has an average rating of “Moderate Buy”.

Wolters Kluwer Price Performance

The company has a 50-day moving average price of $75.77 and a 200-day moving average price of $90.30. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92.

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.