John Wiley & Sons (NYSE:WLYB) Trading Down 4.1% – Time to Sell?

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 quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $2.26 billion, a P/E ratio of -45.99 and a beta of 0.72. The business has a fifty day moving average price of $46.09 and a 200-day moving average price of $47.08.

John Wiley & Sons (NYSE:WLYB) last posted its earnings results 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. Shareholders of record on Thursday, December 26th were given a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.37%. 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 payout ratio is -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.