Wolters Kluwer (OTCMKTS:WTKWY) Share Price Crosses Below 50 Day Moving Average – Here’s Why

by · The Cerbat Gem

Wolters Kluwer NV (OTCMKTS:WTKWY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 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 traded.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on WTKWY

Wolters Kluwer Stock Performance

The business has a 50 day moving average price of $115.64 and a two-hundred day moving average price of $137.36.

About Wolters Kluwer

(Get Free Report)

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.

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