Wolters Kluwer (OTCMKTS:WTKWY) Reaches New 52-Week Low – Time to Sell?

Wolters Kluwer NV (OTCMKTS:WTKWY)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $67.70 and last traded at $67.70, with a volume of 11664 shares trading hands. The stock had previously closed at $71.30.

Analyst Upgrades and Downgrades

WTKWY has been the subject of a number of recent research reports. Citigroup reaffirmed a “buy” rating on shares of Wolters Kluwer in a research report on Thursday, April 9th. Zacks Research raised shares of Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Wolters Kluwer has a consensus rating of “Moderate Buy”.

Wolters Kluwer Trading Up 1.2%

The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.63 and a current ratio of 0.65. The stock’s fifty day simple moving average is $76.12 and its 200-day simple moving average is $91.44.

Wolters Kluwer Company Profile

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.