John Wiley & Sons (NYSE:WLYB) Sees Large Volume Increase – Still a Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) shares saw unusually-high trading volume on Thursday . Approximately 702 shares were traded during trading, an increase of 15% from the previous session’s volume of 609 shares.The stock last traded at $41.22 and had previously closed at $39.00.

John Wiley & Sons Stock Up 10.2 %

The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of -47.24 and a beta of 0.65. The stock has a 50 day moving average of $41.62 and a 200 day moving average of $45.91.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date was Thursday, December 26th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio is currently -154.95%.

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.