Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Down – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY) shares gapped down before the market opened 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 trading hands.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Zacks Research raised Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Citigroup reissued a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Performance

The company has a fifty day simple moving average of $75.54 and a two-hundred day simple moving average of $89.61. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92.

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.