John Wiley & Sons (NYSE:WLYB) Shares Down 4.1% – Here’s What Happened

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) dropped 4.1% on Friday . The stock traded as low as $43.70 and last traded at $42.01. Approximately 1,039 shares traded hands during mid-day trading, an increase of 134% from the average daily volume of 444 shares. The stock had previously closed at $43.82.

John Wiley & Sons Stock Performance

The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The business has a 50 day moving average price of $46.52 and a two-hundred day moving average price of $47.12. The stock has a market cap of $2.27 billion, a PE ratio of -46.16 and a beta of 0.72.

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

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a $0.3525 dividend. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Thursday, December 26th. John Wiley & Sons’s dividend payout ratio is currently -154.95%.

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.