Wolters Kluwer (OTCMKTS:WTKWY) Sets New 1-Year Low – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $70.84 and last traded at $70.90, with a volume of 3365 shares changing hands. The stock had previously closed at $73.31.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Wolters Kluwer from a “hold” rating to a “buy” rating in a research note on Tuesday, December 9th. Citigroup initiated coverage on Wolters Kluwer in a report on Monday, January 12th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Wolters Kluwer Stock Up 2.1%

The company has a debt-to-equity ratio of 5.05, a quick ratio of 0.69 and a current ratio of 0.71. The business’s 50-day moving average is $94.02 and its two-hundred day moving average is $112.40.

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.