Wolters Kluwer (OTCMKTS:WTKWY) Downgraded by Zacks Research to “Strong Sell”

Wolters Kluwer (OTCMKTS:WTKWY) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other research analysts have also recently issued reports on WTKWY. Citigroup began coverage on shares of Wolters Kluwer in a report on Monday, January 12th. They issued a “buy” rating for the company. Deutsche Bank Aktiengesellschaft raised shares of Wolters Kluwer from a “hold” rating to a “buy” rating in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Wolters Kluwer has an average rating of “Moderate Buy”.

Wolters Kluwer Trading Up 4.2%

WTKWY opened at $81.14 on Thursday. The stock has a 50-day moving average price of $92.36 and a 200-day moving average price of $111.52. Wolters Kluwer has a 1 year low of $70.05 and a 1 year high of $185.47. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 5.05.

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.