John Wiley & Sons (NYSE:WLYB) Trading Down 4.8% – Time to Sell?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) dropped 4.8% during mid-day trading on Wednesday . The stock traded as low as $44.95 and last traded at $44.55. Approximately 475 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 787 shares. The stock had previously closed at $46.81.

John Wiley & Sons Price Performance

The firm has a fifty day moving average price of $41.74 and a two-hundred day moving average price of $45.91. 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 stock has a market capitalization of $2.41 billion, a P/E ratio of -48.96 and a beta of 0.65.

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given a $0.3525 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a yield of 3.16%. John Wiley & Sons’s dividend payout ratio (DPR) is presently 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.