John Wiley & Sons (NYSE:WLYB) Stock Price Down 5.7% – Time to Sell?

John Wiley & Sons, Inc. (NYSE:WLYB) shares fell 5.7% during mid-day trading on Monday . The stock traded as low as $43.95 and last traded at $40.79. 204 shares were traded during trading, a decline of 71% from the average session volume of 701 shares. The stock had previously closed at $43.26.

John Wiley & Sons Stock Down 5.7%

The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of -44.82 and a beta of 0.73. The firm has a 50 day moving average price of $43.42 and a 200-day moving average price of $44.18.

John Wiley & Sons Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio (DPR) is presently 190.54%.

Hedge Funds Weigh In On John Wiley & Sons

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC purchased a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLYB) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,500 shares of the company’s stock, valued at approximately $201,000. Institutional investors own 0.49% of the company’s stock.

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.