John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume – Here’s What Happened

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) saw strong trading volume on Wednesday . 421 shares traded hands during trading, an increase of 10% from the previous session’s volume of 382 shares.The stock last traded at $44.81 and had previously closed at $43.70.

John Wiley & Sons Stock Performance

The stock has a market cap of $2.39 billion, a price-to-earnings ratio of -48.78 and a beta of 0.72. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The stock has a fifty day simple moving average of $46.84 and a two-hundred day simple moving average of $47.12.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.97 earnings per share for the quarter. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a $0.3525 dividend. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, December 26th. This represents a $1.41 annualized dividend and a dividend yield of 3.18%. John Wiley & Sons’s dividend payout ratio is presently -154.95%.

About John Wiley & Sons

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.