Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Up – What’s Next?

Wolters Kluwer NV (OTCMKTS:WTKWYGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $79.83, but opened at $83.77. Wolters Kluwer shares last traded at $82.01, with a volume of 3,441 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on WTKWY shares. The Goldman Sachs Group began coverage on shares of Wolters Kluwer in a research note on Wednesday, June 3rd. They issued a “neutral” rating for the company. Zacks Research raised Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on WTKWY

Wolters Kluwer Stock Up 1.8%

The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92. The company has a 50-day moving average of $71.90 and a 200 day moving average of $75.17.

Wolters Kluwer Company Profile

(Get Free Report)

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.

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