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

Shares of Wolters Kluwer NV (OTCMKTS:WTKWY) hit 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 changing hands. The stock had previously closed at $94.43.

Analysts Set New Price Targets

A number of brokerages recently commented on WTKWY. TD Securities raised Wolters Kluwer to a “strong-buy” rating in a research report on Friday, September 11th. TD Cowen began coverage on Wolters Kluwer in a research report on Thursday, September 10th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Trading Down 0.1%

The stock has a 50-day moving average price of $80.87 and a 200-day moving average price 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.