John Wiley & Sons (NYSE:WLYB) Stock Price Down 7% – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLYBGet Free Report) shares fell 7% on Monday . The stock traded as low as $42.27 and last traded at $41.19. 300 shares traded hands during trading, a decline of 49% from the average session volume of 593 shares. The stock had previously closed at $44.30.

John Wiley & Sons Stock Performance

The stock has a market cap of $2.22 billion, a price-to-earnings ratio of -45.30 and a beta of 0.68. The company’s fifty day simple moving average is $42.28 and its two-hundred day simple moving average is $45.77. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Tuesday, April 8th will be issued a $0.3525 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.42%. John Wiley & Sons’s dividend payout ratio is presently 190.54%.

John Wiley & Sons Company Profile

(Get Free Report)

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.

Further Reading

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