Wolters Kluwer (OTCMKTS:WTKWY) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Shares of Wolters Kluwer NV (OTCMKTS:WTKWY) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $115.64 and traded as low as $105.81. Wolters Kluwer shares last traded at $108.16, with a volume of 134,956 shares trading hands.

Analyst Ratings Changes

WTKWY has been the topic of a number of analyst reports. Sanford C. Bernstein raised shares of Wolters Kluwer from a “hold” rating to an “outperform” rating in a report on Monday, September 8th. Deutsche Bank Aktiengesellschaft raised shares of Wolters Kluwer from a “hold” rating to a “buy” rating in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Wolters Kluwer Stock Up 3.3%

The stock’s 50 day simple moving average is $115.64 and its 200 day simple moving average is $137.36.

Wolters Kluwer Company Profile

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.