John Wiley & Sons (NYSE:WLYB) Shares Up 1.5% – Still a Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) shares were up 1.5% on Monday . The stock traded as high as $42.94 and last traded at $42.94. Approximately 126 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 163 shares. The stock had previously closed at $42.30.

John Wiley & Sons Trading Up 1.5 %

The company has a market cap of $2.32 billion, a P/E ratio of -47.19 and a beta of 0.72. 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’s 50-day moving average price is $48.33 and its 200-day moving average price is $46.97.

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be issued a dividend of $0.3525 per share. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date is Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a yield of 3.28%. John Wiley & Sons’s payout ratio is presently -154.95%.

About John Wiley & Sons

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.