Wolters Kluwer (OTCMKTS:WTKWY) Stock Jumps 4.1% – What’s Next?

Wolters Kluwer NV (OTCMKTS:WTKWY)’s share price was up 4.1% during trading on Thursday. The company traded as high as $81.90 and last traded at $81.2240. Approximately 360 shares were traded during trading, a decline of 100% from the average session volume of 109,353 shares. The stock had previously closed at $77.99.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on WTKWY shares. TD Cowen started coverage on Wolters Kluwer in a research note on Thursday, September 10th. They issued a “buy” rating on the stock. TD Securities raised Wolters Kluwer to a “strong-buy” rating in a research note on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Performance

The company’s 50-day moving average is $79.83 and its 200-day moving average is $75.10.

About Wolters Kluwer

Wolters Kluwer N.V. is a global provider of information, software and technology-enabled services for professionals and organizations. Headquartered in Alphen aan den Rijn, the Netherlands, the company serves customers in the health, tax and accounting, financial and corporate compliance, legal and regulatory, and risk management sectors.

The company’s offerings include specialized research and reference content, clinical decision-support tools, tax and accounting software, legal and regulatory information platforms, audit and compliance solutions, and tools for managing corporate performance and risk.