Wolters Kluwer (OTCMKTS:WTKWY) Sees Large Volume Increase – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY) shares saw unusually-high trading volume on Monday . Approximately 146,569 shares were traded during mid-day trading, an increase of 154% from the previous session’s volume of 57,770 shares.The stock last traded at $104.7925 and had previously closed at $104.56.

Analysts Set New Price Targets

Several research firms recently issued reports on WTKWY. Deutsche Bank Aktiengesellschaft raised Wolters Kluwer from a “hold” rating to a “buy” rating in a research report on Tuesday, December 9th. Sanford C. Bernstein raised Wolters Kluwer from a “hold” rating to an “outperform” rating in a research note 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Wolters Kluwer Price Performance

The company has a current ratio of 0.71, a quick ratio of 0.69 and a debt-to-equity ratio of 5.05. The stock’s fifty day moving average price is $110.58 and its 200-day moving average price is $131.86.

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.