Wolters Kluwer (OTCMKTS:WTKWY) Sets New 52-Week Low – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $100.25 and last traded at $104.9625, with a volume of 1088 shares changing hands. The stock had previously closed at $104.32.

Analysts Set New Price Targets

WTKWY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Wolters Kluwer from a “hold” rating to a “buy” rating in a report on Tuesday, December 9th. Sanford C. Bernstein upgraded Wolters Kluwer from a “hold” rating to an “outperform” rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Wolters Kluwer Trading Up 1.6%

The firm’s fifty day moving average price is $111.99 and its 200-day moving average price is $133.88.

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.