Wolters Kluwer (OTCMKTS:WTKWY) Hits New 52-Week Low – What’s Next?
by Danessa Lincoln · The Markets DailyWolters Kluwer NV (OTCMKTS:WTKWY – Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $98.86 and last traded at $99.34, with a volume of 10178 shares traded. The stock had previously closed at $101.41.
Wall Street Analyst Weigh In
WTKWY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft raised Wolters Kluwer from a “hold” rating to a “buy” rating in a report on Tuesday, December 9th. Citigroup assumed coverage on shares of Wolters Kluwer in a report on Monday, January 12th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to data from MarketBeat, Wolters Kluwer has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on WTKWY
Wolters Kluwer Price Performance
The firm’s 50-day moving average is $104.74 and its two-hundred day moving average is $125.26. The company has a debt-to-equity ratio of 5.05, a quick ratio of 0.69 and a current ratio of 0.71.
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.