Wolters Kluwer (OTCMKTS:WTKWY) Reaches New 52-Week Low – Time to Sell?

Wolters Kluwer NV (OTCMKTS:WTKWY) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $95.6740 and last traded at $96.52, with a volume of 21270 shares. The stock had previously closed at $99.26.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Citigroup began coverage on Wolters Kluwer in a research report on Monday, January 12th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft raised shares of Wolters Kluwer from a “hold” rating to a “buy” rating in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Wolters Kluwer Stock Down 2.3%

The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 5.05. The company’s fifty day moving average is $103.67 and its 200-day moving average is $122.81.

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.