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

Wolters Kluwer NV (OTCMKTS:WTKWY) gapped down before the market opened on Wednesday . The stock had previously closed at $81.76, but opened at $78.13. Wolters Kluwer shares last traded at $78.21, with a volume of 6,460 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group started coverage on Wolters Kluwer in a research report on Wednesday, June 3rd. They set a “neutral” rating on the stock. Zacks Research upgraded shares of Wolters Kluwer from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Up 4.3%

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 business has a fifty day simple moving average of $75.75 and a two-hundred day simple moving average of $74.75.

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.