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

John Wiley & Sons, Inc. (NYSE:WLYB) saw strong trading volume on Thursday . 644 shares were traded during trading, an increase of 8% from the previous session’s volume of 599 shares.The stock last traded at $45.24 and had previously closed at $44.80.

John Wiley & Sons Trading Down 0.3 %

The company has a 50 day simple moving average of $42.19 and a two-hundred day simple moving average of $45.79. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The company has a market cap of $2.40 billion, a PE ratio of -49.08 and a beta of 0.65.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th will be issued a dividend of $0.3525 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.16%. 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.