John Wiley & Sons (NYSE:WLYB) Sees Large Volume Increase – Time to Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-high trading volume on Thursday . Approximately 12,164 shares were traded during trading, an increase of 1,707% from the previous session’s volume of 673 shares.The stock last traded at $42.55 and had previously closed at $42.27.

John Wiley & Sons Stock Performance

The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The stock has a market capitalization of $2.28 billion, a PE ratio of -46.46 and a beta of 0.68. The firm has a fifty day moving average price of $42.26 and a two-hundred day moving average price of $45.53.

John Wiley & Sons Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th will be given a $0.3525 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.33%. John Wiley & Sons’s dividend payout ratio is currently 190.54%.

John Wiley & Sons Company Profile

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.