Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Up – Still a Buy?

Wolters Kluwer NV (OTCMKTS:WTKWY)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $76.67, but opened at $79.68. Wolters Kluwer shares last traded at $79.41, with a volume of 3,530 shares traded.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on WTKWY shares. TD Cowen started coverage on shares of Wolters Kluwer in a research report on Thursday, September 10th. They issued a “buy” rating on the stock. TD Securities raised shares of Wolters Kluwer to a “strong-buy” rating in a report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Up 0.8%

The firm has a 50 day simple moving average of $79.77 and a 200 day simple moving average of $74.97.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. is a global provider of information, software and technology-enabled services for professionals and organizations. Headquartered in Alphen aan den Rijn, the Netherlands, the company serves customers in the health, tax and accounting, financial and corporate compliance, legal and regulatory, and risk management sectors.

The company’s offerings include specialized research and reference content, clinical decision-support tools, tax and accounting software, legal and regulatory information platforms, audit and compliance solutions, and tools for managing corporate performance and risk.