John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB)’s stock price 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 3.9 %

The firm has a market cap of $2.34 billion, a P/E ratio of -47.73 and a beta of 0.68. The business has a 50 day moving average of $42.27 and a two-hundred day moving average of $45.49. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

John Wiley & Sons Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th will be issued a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio is 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.