John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-strong trading volume on Thursday . Approximately 3,361 shares were traded during trading, an increase of 485% from the previous session’s volume of 575 shares.The stock last traded at $49.75 and had previously closed at $48.45.

John Wiley & Sons Trading Up 2.1 %

The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.53 and a current ratio of 0.57. The firm’s fifty day simple moving average is $46.11 and its 200-day simple moving average is $41.74. The stock has a market cap of $2.69 billion, a P/E ratio of -13.31 and a beta of 0.68.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings data on Thursday, September 5th. The company reported $0.47 earnings per share for the quarter. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%. The company had revenue of $403.81 million during the quarter.

John Wiley & Sons Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 24th. Investors of record on Tuesday, October 8th will be given a dividend of $0.352 per share. The ex-dividend date of this dividend is Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.85%. John Wiley & Sons’s payout ratio is presently -38.74%.

John Wiley & Sons Company Profile

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.