John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume

Posted by Elija Maina on May 8th, 2024

John Wiley & Sons, Inc. (NYSE:WLYB – Get Free Report) shares saw an uptick in trading volume on Monday . 1,500 shares traded hands during mid-day trading, an increase of 111% from the previous session’s volume of 711 shares.The stock last traded at $38.13 and had previously closed at $38.00.

John Wiley & Sons Trading Up 1.9 %

The firm has a market capitalization of $2.13 billion, a P/E ratio of -13.24 and a beta of 0.75. The company has a quick ratio of 0.50, a current ratio of 0.54 and a debt-to-equity ratio of 1.20. The firm has a 50 day moving average of $37.31 and a 200-day moving average of $33.84.

John Wiley & Sons (NYSE:WLYB – Get Free Report) last released its earnings results on Thursday, March 7th. The company reported $0.59 earnings per share (EPS) for the quarter. John Wiley & Sons had a positive return on equity of 18.83% and a negative net margin of 8.14%. The company had revenue of $460.71 million for the quarter.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th were paid a $0.35 dividend. The ex-dividend date of this dividend was Monday, April 8th. This represents a $1.40 annualized dividend and a dividend yield of 3.60%. John Wiley & Sons’s payout ratio is -48.61%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in John Wiley & Sons stock. PFG Investments LLC acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLYB – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,477 shares of the company’s stock, valued at approximately $2,033,000. PFG Investments LLC owned 0.10% of John Wiley & Sons as of its most recent SEC filing. Institutional investors own 0.49% of the company’s stock.

John Wiley & Sons Company Profile

(Get Free Report)

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.