Wolters Kluwer (OTCMKTS:WTKWY) Stock Jumps 4.1% – Should You Buy?

Wolters Kluwer NV (OTCMKTS:WTKWY) shares shot up 4.1% on Thursday. The company traded as high as $81.90 and last traded at $81.2240. Approximately 360 shares were traded during trading, a decline of 100% from the average daily volume of 109,353 shares. The stock had previously closed at $77.99.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on WTKWY shares. TD Securities upgraded shares of Wolters Kluwer to a “strong-buy” rating in a report on Friday, September 11th. TD Cowen initiated coverage on shares of Wolters Kluwer in a report on Thursday, September 10th. They issued a “buy” rating for the company. One equities 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 company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Wolters Kluwer Trading Up 1.1%

The business has a fifty day moving average of $79.66 and a 200 day moving average of $74.99.

About Wolters Kluwer

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.