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

John Wiley & Sons, Inc. (NYSE:WLYB) saw strong trading volume on Wednesday . 2,316 shares traded hands during trading, an increase of 406% from the previous session’s volume of 458 shares.The stock last traded at $38.91 and had previously closed at $40.00.

John Wiley & Sons Trading Down 2.6 %

The stock has a market cap of $2.11 billion, a price-to-earnings ratio of -42.82 and a beta of 0.70. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The company’s fifty day moving average is $42.29 and its two-hundred day moving average is $46.19.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.97 earnings per share (EPS) for the quarter. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a yield of 3.62%. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is presently -154.95%.

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.