Wolters Kluwer (OTCMKTS:WTKWY) Shares Gap Up – Here’s What Happened

Wolters Kluwer NV (OTCMKTS:WTKWY)’s share price gapped up prior to trading on Friday. The stock had previously closed at $93.5950, but opened at $98.56. Wolters Kluwer shares last traded at $97.61, with a volume of 1,388 shares.

Analyst Ratings Changes

WTKWY has been the topic of several recent analyst reports. TD Securities upgraded Wolters Kluwer to a “strong-buy” rating in a report on Friday, September 11th. TD Cowen assumed coverage on Wolters Kluwer in a report on Thursday, September 10th. They set a “buy” rating for the company. Finally, Citigroup reaffirmed a “buy” rating on shares of Wolters Kluwer in a research report on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Wolters Kluwer Stock Up 2.2%

The stock’s fifty day simple moving average is $83.30 and its 200 day simple moving average is $78.58.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. is a global information, software and services company that provides specialized content and technology to professionals and organizations. Its customers include healthcare providers, legal and compliance professionals, accountants, tax advisers, corporate finance teams, and public-sector institutions.

The company’s offerings include clinical decision-support and medical research tools such as UpToDate and Ovid; tax, accounting and audit software and information through brands including CCH and ProSystem fx; legal and regulatory research products; and governance, risk and compliance solutions such as TeamMate.