John Wiley & Sons (NYSE:WLYB) Shares Gap Up – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB)’s share price gapped up before the market opened on Friday . The stock had previously closed at $42.53, but opened at $44.41. John Wiley & Sons shares last traded at $44.42, with a volume of 15 shares.

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 fifty day simple moving average of $42.75 and a 200-day simple moving average of $45.14. The company has a market capitalization of $2.35 billion, a P/E ratio of -47.93 and a beta of 0.68.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were issued a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.23%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio is currently 190.54%.

About John Wiley & Sons

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.