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John Wiley & Sons (NYSE:WLYB) Reaches New 52-Week High - Here's Why

John Wiley & Sons logo with Consumer Staples background

Shares of John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $50.74 and last traded at $50.61, with a volume of 51 shares trading hands. The stock had previously closed at $50.03.

John Wiley & Sons Stock Performance

The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of -25.02 and a beta of 0.68. The company has a 50-day moving average price of $46.57 and a 200-day moving average price of $42.57. The company has a quick ratio of 0.53, a current ratio of 0.57 and a debt-to-equity ratio of 1.27.

John Wiley & Sons (NYSE:WLYB - Get Free Report) last released its quarterly earnings results on Thursday, September 5th. The company reported $0.47 EPS for the quarter. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%. The company had revenue of $403.81 million for the quarter.

John Wiley & Sons Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th will be given a dividend of $0.352 per share. The ex-dividend date of this dividend is Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.78%. John Wiley & Sons's dividend payout ratio (DPR) is presently -70.50%.

About John Wiley & Sons

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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