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

Shares of Wolters Kluwer NV (OTCMKTS:WTKWY) reached a new 52-week low on Monday . The stock traded as low as $70.84 and last traded at $70.90, with a volume of 3365 shares traded. The stock had previously closed at $73.31.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on WTKWY. Citigroup began coverage on shares of Wolters Kluwer in a report on Monday, January 12th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Wolters Kluwer from a “hold” rating to a “buy” rating in a research report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy”.

Wolters Kluwer Stock Performance

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 has a 50 day simple moving average of $95.42 and a 200 day simple moving average of $113.37.

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.