Wolters Kluwer NV (OTCMKTS:WTKWY – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 8,269 shares, a growth of 101.7% from the May 31st total of 4,100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 149,516 shares, the days-to-cover ratio is currently 0.1 days.
Wolters Kluwer Stock Performance
OTCMKTS:WTKWY opened at $64.95 on Tuesday. The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.63 and a current ratio of 0.65. The firm’s fifty day simple moving average is $72.34 and its 200 day simple moving average is $82.19. Wolters Kluwer has a twelve month low of $63.22 and a twelve month high of $169.82.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on WTKWY shares. Citigroup reaffirmed a “buy” rating on shares of Wolters Kluwer in a research note on Thursday, April 9th. The Goldman Sachs Group started coverage on shares of Wolters Kluwer in a research report on Wednesday, June 3rd. They set a “neutral” rating for the company. Finally, Zacks Research upgraded shares of Wolters Kluwer from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Wolters Kluwer currently has a consensus rating of “Moderate Buy”.
Wolters Kluwer Company Profile
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.
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