John Wiley & Sons (NYSE:WLYB) Reaches New 52-Week High at $48.58

John Wiley & Sons, Inc. (NYSE:WLYB)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $48.58 and last traded at $42.41, with a volume of 719 shares changing hands. The stock had previously closed at $47.58.

John Wiley & Sons Stock Down 10.9 %

The company has a debt-to-equity ratio of 1.04, a current ratio of 0.52 and a quick ratio of 0.49. The company has a market cap of $2.31 billion, a P/E ratio of -13.06 and a beta of 0.68. The business’s 50 day moving average price is $45.60 and its 200-day moving average price is $40.19.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings results on Thursday, June 13th. The company reported $1.21 earnings per share for the quarter. The business had revenue of $468.46 million during the quarter. John Wiley & Sons had a negative net margin of 10.69% and a positive return on equity of 18.82%.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 25th. Investors of record on Tuesday, July 9th were issued a $0.352 dividend. The ex-dividend date was Tuesday, July 9th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.32%. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is currently -38.74%.

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.