John Wiley & Sons (NYSE:JW.B) Stock Passes Below 200-Day Moving Average of $57.77

John Wiley & Sons Inc (NYSE:JW.B)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $57.77 and traded as low as $55.96. John Wiley & Sons shares last traded at $60.00, with a volume of 2,527 shares trading hands.

Separately, TheStreet raised John Wiley & Sons from a “c” rating to a “b-” rating in a research report on Thursday, June 10th.

The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 23.26 and a beta of 0.75. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.63 and a quick ratio of 0.57. The stock has a 50 day moving average price of $57.68 and a two-hundred day moving average price of $57.77.

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 21st. Investors of record on Tuesday, July 6th were issued a $0.345 dividend. The ex-dividend date of this dividend was Friday, July 2nd. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.34. This represents a $1.38 dividend on an annualized basis and a yield of 2.30%.

John Wiley & Sons Company Profile (NYSE:JW.B)

John Wiley & Sons, Inc operates as a research and learning company worldwide. The company operates in three segments: Research, Publishing, and Solutions. The Research segment offers scientific, technical, medical, and scholarly journals, as well as related content and services. This segment also publishes journals in the areas of physical sciences and engineering, health sciences, social science, and humanities and life sciences; and provides publishing software for scholarly and professional societies to deliver, host, enhance, market, and manage content on the Web.

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