John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLYB) shares saw strong trading volume on Monday . 722 shares traded hands during mid-day trading, an increase of 147% from the previous session’s volume of 292 shares.The stock last traded at $30.2050 and had previously closed at $31.55.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

John Wiley & Sons Stock Performance

The company has a market capitalization of $1.61 billion, a PE ratio of 16.33 and a beta of 0.75. The stock’s fifty day simple moving average is $32.09 and its 200-day simple moving average is $36.28. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.67 and a current ratio of 0.71.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings data on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.32. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%. The business had revenue of $421.75 million during the quarter, compared to analyst estimates of $416.40 million.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were issued a $0.355 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $1.42 annualized dividend and a yield of 4.6%. John Wiley & Sons’s payout ratio is 75.53%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.