John Wiley & Sons (NYSE:WLYB) Sees Unusually-High Trading Volume – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB) saw an uptick in trading volume on Wednesday . 421 shares were traded 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 Price Performance

The firm has a market cap of $2.39 billion, a P/E ratio of -48.78 and a beta of 0.72. The company has a fifty day moving average of $46.84 and a 200-day moving average of $47.12. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.97 EPS 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 company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 3.18%. John Wiley & Sons’s payout ratio is presently -154.95%.

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.