John Wiley & Sons (NYSE:WLYB) Hits New 52-Week High – Time to Buy?

John Wiley & Sons, Inc. (NYSE:WLYB)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $52.58 and last traded at $50.19, with a volume of 138 shares changing hands. The stock had previously closed at $52.58.

John Wiley & Sons Stock Performance

The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.53 and a current ratio of 0.57. The firm has a market capitalization of $2.85 billion, a P/E ratio of -26.29 and a beta of 0.68. The firm has a 50 day moving average price of $49.45 and a two-hundred day moving average price of $44.82.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings results on Thursday, September 5th. The company reported $0.47 earnings per share for the quarter. The business had revenue of $403.81 million during the quarter. John Wiley & Sons had a positive return on equity of 21.59% and a negative net margin of 6.00%.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were issued a dividend of $0.352 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.68%. John Wiley & Sons’s dividend payout ratio is currently -70.50%.

John Wiley & Sons Company Profile

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.