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

Shares of Wolters Kluwer NV (OTCMKTS:WTKWY) gapped up before the market opened on Friday. The stock had previously closed at $93.5950, but opened at $98.56. Wolters Kluwer shares last traded at $97.61, with a volume of 1,388 shares.

Analyst Ratings Changes

A number of analysts have recently commented on the company. TD Cowen initiated coverage on Wolters Kluwer in a research report on Thursday, September 10th. They issued a “buy” rating for the company. Citigroup reissued a “buy” rating on shares of Wolters Kluwer in a research note on Wednesday, October 21st. Finally, TD Securities raised shares of Wolters Kluwer to a “strong-buy” rating in a report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Up 2.2%

The company has a fifty day moving average of $83.30 and a 200-day moving average of $78.58.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. is a global information, software and services company that provides specialized content and technology to professionals and organizations. Its customers include healthcare providers, legal and compliance professionals, accountants, tax advisers, corporate finance teams, and public-sector institutions.

The company’s offerings include clinical decision-support and medical research tools such as UpToDate and Ovid; tax, accounting and audit software and information through brands including CCH and ProSystem fx; legal and regulatory research products; and governance, risk and compliance solutions such as TeamMate.