Wolters Kluwer (OTCMKTS:WTKWY) Stock Gets Downgrade from Zacks Research

Wolters Kluwer (OTCMKTS:WTKWY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday, Zacks reports.

Other research analysts have also recently issued reports about the stock. Citigroup reissued a “buy” rating on shares of Wolters Kluwer in a research report on Wednesday, October 21st. TD Cowen started coverage on shares of Wolters Kluwer in a report on Thursday, September 10th. They issued a “buy” rating on the stock. Finally, TD Securities raised shares of Wolters Kluwer to a “strong-buy” rating in a research note on Friday, September 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Wolters Kluwer has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Performance

Wolters Kluwer stock traded up $0.99 on Thursday, hitting $99.94. 15,395 shares of the stock traded hands, compared to its average volume of 31,890. Wolters Kluwer has a 1 year low of $63.22 and a 1 year high of $110.02. The business’s fifty day simple moving average is $87.14 and its 200 day simple moving average is $78.51.

Wolters Kluwer Company Profile

Wolters Kluwer is a Netherlands-based information services and software company serving professionals and organizations in legal, tax and accounting, healthcare, and financial and corporate compliance markets. Its offerings combine specialized software, digital information, and workflow tools designed to support research, decision-making, and regulatory compliance. The company’s products include tax and accounting software and research platforms, legal information and practice-management tools, clinical decision-support resources, and risk and compliance solutions.