Wolters Kluwer (OTCMKTS:WTKWY) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Wolters Kluwer (OTCMKTS:WTKWY) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $169.20 and traded as low as $156.10. Wolters Kluwer shares last traded at $158.65, with a volume of 11,306 shares changing hands.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Wolters Kluwer to a “strong-buy” rating in a research note on Tuesday, March 25th.

Wolters Kluwer Trading Down 1.2 %

The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 2.26. The stock’s fifty day simple moving average is $167.67 and its 200-day simple moving average is $169.07.

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.