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

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.

Analysts Set New Price Targets

Several brokerages recently issued reports on WTKWY. Citigroup initiated coverage on shares of Wolters Kluwer in a research report on Monday, January 12th. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft raised Wolters Kluwer from a “hold” rating to a “buy” rating in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Wolters Kluwer Trading Down 4.2%

The company has a debt-to-equity ratio of 5.05, a current ratio of 0.71 and a quick ratio of 0.69. The stock’s 50 day moving average is $95.42 and its 200-day moving average is $113.37.

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.