John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume – Still a Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) shares saw unusually-strong trading volume on Tuesday . Approximately 446 shares traded hands during mid-day trading, an increase of 16% from the previous session’s volume of 386 shares.The stock last traded at $42.02 and had previously closed at $41.19.

John Wiley & Sons Stock Up 6.0 %

The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of -46.49 and a beta of 0.70. The stock has a fifty day moving average of $44.44 and a 200-day moving average of $46.81.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings results 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 firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were issued a dividend of $0.3525 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.33%. John Wiley & Sons’s payout ratio is currently -154.95%.

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.