Wolters Kluwer (OTCMKTS:WTKWY) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Wolters Kluwer (OTCMKTS:WTKWY) from a hold rating to a strong sell rating in a report released on Thursday,Zacks.com reports.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft raised Wolters Kluwer from a “hold” rating to a “buy” rating in a research note on Tuesday, December 9th. Citigroup assumed coverage on shares of Wolters Kluwer in a research note on Monday, January 12th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Performance

Wolters Kluwer stock opened at $81.14 on Thursday. Wolters Kluwer has a 52-week low of $70.05 and a 52-week high of $185.47. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 5.05. The company has a fifty day simple moving average of $92.36 and a 200-day simple moving average of $111.36.

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.