John Wiley & Sons (NYSE:WLYB) Shares Gap Down – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLYB)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $45.05, but opened at $44.00. John Wiley & Sons shares last traded at $43.83, with a volume of 200 shares.

John Wiley & Sons Price Performance

The stock has a market cap of $2.38 billion, a price-to-earnings ratio of -48.41 and a beta of 0.65. The company has a 50-day simple moving average of $41.78 and a two-hundred day simple moving average of $45.85. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given a dividend of $0.3525 per share. This is a positive change 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 3.20%. John Wiley & Sons’s payout ratio is 190.54%.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.