John Wiley & Sons (NYSE:WLYB) Sets New 1-Year High – Time to Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $52.90 and last traded at $52.90, with a volume of 30 shares trading hands. The stock had previously closed at $52.90.

John Wiley & Sons Price Performance

The business has a 50-day simple moving average of $49.70 and a 200-day simple moving average of $45.11. The company has a market cap of $2.87 billion, a price-to-earnings ratio of -26.45 and a beta of 0.68. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.53 and a current ratio of 0.57.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings data on Thursday, September 5th. The company reported $0.47 earnings per share for the quarter. The business had revenue of $403.81 million for the quarter. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%.

John Wiley & Sons Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were paid a dividend of $0.352 per share. This represents a $1.41 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend was Tuesday, October 8th. John Wiley & Sons’s payout ratio is -70.50%.

About John Wiley & Sons

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.