John Wiley & Sons (NYSE:WLYB) Shares Gap Up - Here's What Happened

Shares of John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $37.35, but opened at $45.65. John Wiley & Sons shares last traded at $46.40, with a volume of 1,556 shares trading hands.

John Wiley & Sons Trading Down 4.8 %

The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The business has a fifty day simple moving average of $41.74 and a 200 day simple moving average of $45.91. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of -48.96 and a beta of 0.65.

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.3525 dividend. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 3.16%. The ex-dividend date was Thursday, December 26th. John Wiley & Sons's dividend payout ratio is currently 190.54%.

John Wiley & Sons Company Profile

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.