John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Still a Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) gapped up prior to trading on Tuesday . The stock had previously closed at $41.80, but opened at $42.75. John Wiley & Sons shares last traded at $43.30, with a volume of 722 shares trading hands.

John Wiley & Sons Trading Up 0.7 %

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 firm has a market capitalization of $2.32 billion, a P/E ratio of -47.25 and a beta of 0.68. The firm has a 50 day simple moving average of $42.35 and a two-hundred day simple moving average of $45.45.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.28%. The ex-dividend date is Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio (DPR) is presently 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.