John Wiley & Sons (NYSE:WLYB) Sees Large Volume Increase – What’s Next?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) saw an uptick in trading volume on Thursday . 702 shares changed hands during mid-day trading, an increase of 15% from the previous session’s volume of 609 shares.The stock last traded at $41.22 and had previously closed at $39.00.

John Wiley & Sons Trading Up 18.4 %

The firm has a market cap of $2.49 billion, a P/E ratio of -50.73 and a beta of 0.65. The firm’s fifty day moving average is $41.65 and its two-hundred day moving average is $45.89. 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 (NYSE:WLYB) last announced its earnings results on Thursday, December 5th. The company reported $0.97 EPS for the quarter. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%.

John Wiley & Sons Increases Dividend

The firm also recently announced 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 represents a $1.41 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date was Thursday, December 26th. 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 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.