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

John Wiley & Sons, Inc. (NYSE:WLYB) saw strong trading volume on Monday . 868 shares traded hands during mid-day trading, an increase of 234% from the previous session’s volume of 260 shares.The stock last traded at $41.61 and had previously closed at $41.95.

John Wiley & Sons Trading Down 0.8 %

The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of -45.73 and a beta of 0.72. The company’s 50-day moving average is $47.75 and its 200-day moving average is $47.03. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.39%. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is -154.95%.

About John Wiley & Sons

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.