Wolters Kluwer (OTCMKTS:WTKWY) Sees Large Volume Increase - Should You Buy?

Key Points

• Wolters Kluwer experienced a significant increase in trading volume, with 108,813 shares sold on Wednesday, marking a 163% increase from the previous session.
• The company has recently raised its dividend to $1.3372 per share, which is a notable increase from the previous dividend of $0.77, resulting in a high dividend yield of 118.0%.
• Analyst ratings were updated as Sanford C. Bernstein elevated the stock's rating to "hold" on July 17th.

Wolters Kluwer NV (OTCMKTS:WTKWY - Get Free Report) saw strong trading volume on Wednesday . 108,813 shares were traded during mid-day trading, an increase of 163% from the previous session's volume of 41,426 shares.The stock last traded at $132.14 and had previously closed at $135.20.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Wolters Kluwer to a "hold" rating in a research note on Thursday, July 17th.

Wolters Kluwer Price Performance

The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 2.18. The company's fifty day moving average price is $161.79 and its 200-day moving average price is $167.46.

Wolters Kluwer Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 21st were issued a $1.3372 dividend. The ex-dividend date was Tuesday, May 20th. This is a positive change from Wolters Kluwer's previous dividend of $0.77. This represents a dividend yield of 118.0%.

About Wolters Kluwer

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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