Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Down – Time to Sell?

Wolters Kluwer NV (OTCMKTS:WTKWY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $83.35, but opened at $80.51. Wolters Kluwer shares last traded at $81.25, with a volume of 2,243 shares changing hands.

Analyst Ratings Changes

WTKWY has been the topic of a number of recent analyst reports. The Goldman Sachs Group began coverage on shares of Wolters Kluwer in a report on Wednesday, June 3rd. They issued a “neutral” rating on the stock. Zacks Research upgraded shares of Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Wolters Kluwer Stock Performance

The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92. The firm has a 50-day moving average price of $73.30 and a 200 day moving average price of $74.56.

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.