Wolters Kluwer (OTCMKTS:WTKWY) Reaches New 12-Month Low – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY) shares reached a new 52-week low during trading on Tuesday. The stock traded as low as $36.0840 and last traded at $94.32, with a volume of 20,957 shares. The stock had previously closed at $94.43.

Wall Street Analyst Weigh In

Several research firms recently issued reports on WTKWY. TD Securities raised Wolters Kluwer to a “strong-buy” rating in a research note on Friday, September 11th. TD Cowen initiated coverage on Wolters Kluwer in a report on Thursday, September 10th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Wolters Kluwer Stock Down 0.1%

The company has a fifty day moving average of $80.87 and a 200 day moving average of $75.82.

About Wolters Kluwer

Wolters Kluwer N.V. is a global information, software and services company that provides specialized content and technology to professionals and organizations. Its customers include healthcare providers, legal and compliance professionals, accountants, tax advisers, corporate finance teams, and public-sector institutions.

The company’s offerings include clinical decision-support and medical research tools such as UpToDate and Ovid; tax, accounting and audit software and information through brands including CCH and ProSystem fx; legal and regulatory research products; and governance, risk and compliance solutions such as TeamMate.