Wolters Kluwer (OTCMKTS:WTKWY) Share Price Crosses Above 50-Day Moving Average - Here's Why

Wolters Kluwer (OTCMKTS:WTKWY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $172.54 and traded as high as $179.63. Wolters Kluwer shares last traded at $179.36, with a volume of 18,042 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 0.5%

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 firm's 50 day moving average is $172.97 and its two-hundred day moving average is $170.29.

Wolters Kluwer Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 21st will be paid a $1.3372 dividend. This is a boost from Wolters Kluwer's previous dividend of $0.77. This represents a dividend yield of 1.18%. The ex-dividend date is Tuesday, May 20th.

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.