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

Wolters Kluwer NV (OTCMKTS:WTKWY)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $82.38, but opened at $79.64. Wolters Kluwer shares last traded at $79.3960, with a volume of 24,752 shares trading hands.

Analysts Set New Price Targets

WTKWY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upgraded Wolters Kluwer from a “hold” rating to a “buy” rating in a research report on Tuesday, December 9th. Citigroup assumed coverage on shares of Wolters Kluwer in a report on Monday, January 12th. They issued 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’s stock. According to MarketBeat, Wolters Kluwer currently has a consensus rating of “Buy”.

Wolters Kluwer Stock Performance

The company’s fifty day moving average price is $101.74 and its two-hundred day moving average price is $120.18. The company has a current ratio of 0.71, a quick ratio of 0.69 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.