John Wiley & Sons (NYSE:WLYB) Sees Unusually-High Trading Volume – Time to Buy?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-high trading volume on Tuesday . Approximately 219 shares traded hands during mid-day trading, an increase of 27% from the previous session’s volume of 172 shares.The stock last traded at $42.90 and had previously closed at $42.94.

John Wiley & Sons Stock Down 2.6 %

The firm has a market cap of $2.26 billion, a price-to-earnings ratio of -45.92 and a beta of 0.72. The firm has a fifty day simple moving average of $48.20 and a 200-day simple moving average of $46.99. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66.

John Wiley & Sons Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be paid a $0.3525 dividend. The ex-dividend date of this dividend is Thursday, December 26th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a yield of 3.37%. John Wiley & Sons’s payout ratio is -154.95%.

John Wiley & Sons Company Profile

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.