Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Down – Should You Sell?

Wolters Kluwer NV (OTCMKTS:WTKWYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $125.30, but opened at $111.88. Wolters Kluwer shares last traded at $111.6250, with a volume of 3,379 shares traded.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded shares of Wolters Kluwer from a “hold” rating to an “outperform” rating in a report on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Strong Buy”.

Get Our Latest Report on Wolters Kluwer

Wolters Kluwer Trading Down 3.0%

The stock’s 50-day moving average is $128.76 and its 200 day moving average is $151.33.

Wolters Kluwer Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were given a $0.9147 dividend. This represents a yield of 179.0%. The ex-dividend date of this dividend was Wednesday, August 27th.

About Wolters Kluwer

(Get Free Report)

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.

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