Overall market sentiment has been down on John Wiley & Sons Inc Class A (WLY) stock lately. WLY receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
John Wiley & Sons Inc Class A has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WLY!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With WLY Stock Today?
John Wiley & Sons Inc Class A (WLY) stock is trading at $31.56 as of 1:42 PM on Tuesday, Oct 10, a drop of -$3.03, or -8.76% from the previous closing price of $34.59. The stock has traded between $30.77 and $33.52 so far today. Volume today is high. So far 1,628,667 shares have traded compared to average volume of 400,283 shares.
To see InvestorsObserver's Sentiment Score for John Wiley & Sons Inc Class A click here.
More About John Wiley & Sons Inc Class A
John Wiley & Sons is one of the foremost global providers of academic journals, books, pre- and post-hire assessments and training, test preparation materials, and online education program management solutions. Wiley derived more than 80% of its total fiscal 2022 revenue from digital products and tech-enabled services, with just over half of the total top line coming from its research publishing and platforms segment, 31% from its academic and professional learning effort, and 16% from its education services unit. Around half of revenue recorded in fiscal 2022 was derived from customers in the United States. The company has a dual-class share ownership structure, with Wiley family members controlling roughly 60% of the voting power of the firm's equity.
Click Here to get the full Stock Report for John Wiley & Sons Inc Class A stock.
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