Wolters Kluwer (OTCMKTS:WTKWY) Reaches New 12-Month Low – Time to Sell?

Wolters Kluwer NV (OTCMKTS:WTKWY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $67.70 and last traded at $67.70, with a volume of 11664 shares changing hands. The stock had previously closed at $71.30.

Analysts Set New Price Targets

WTKWY has been the topic of several research reports. Citigroup reaffirmed a “buy” rating on shares of Wolters Kluwer in a report on Thursday, April 9th. Zacks Research raised Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Wolters Kluwer Price Performance

The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.63 and a current ratio of 0.65. The stock has a 50-day simple moving average of $76.60 and a 200 day simple moving average of $92.35.

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.