Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Up – Should You Buy?

Wolters Kluwer NV (OTCMKTS:WTKWY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $71.17, but opened at $75.59. Wolters Kluwer shares last traded at $75.17, with a volume of 4,290 shares trading hands.

Analyst Upgrades and Downgrades

WTKWY has been the topic of several analyst reports. Citigroup reiterated a “buy” rating on shares of Wolters Kluwer in a report on Thursday, April 9th. The Goldman Sachs Group started coverage on Wolters Kluwer in a research report on Wednesday, June 3rd. They set a “neutral” rating on the stock. Finally, Zacks Research raised Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Wolters Kluwer Price Performance

The stock’s fifty day moving average is $69.59 and its 200 day moving average is $77.33. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92.

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.