Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 868 shares changed hands during trading, an increase of 13% from the previous session's volume of 771 shares.The stock last traded at $34.70 and had previously closed at $34.50.
Analyst Upgrades and Downgrades
Several research analysts recently commented on IIJIY shares. Wall Street Zen downgraded Internet Initiative Japan from a "buy" rating to a "hold" rating in a report on Sunday, July 20th. Jefferies Financial Group upgraded Internet Initiative Japan from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Internet Initiative Japan currently has an average rating of "Strong Buy".
Read Our Latest Stock Report on Internet Initiative Japan
Internet Initiative Japan Stock Up 0.6%
The stock has a market cap of $3.18 billion, a P/E ratio of 22.83 and a beta of 1.02. The firm's 50 day simple moving average is $37.77 and its two-hundred day simple moving average is $37.08.
Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.08). The business had revenue of $521.19 million during the quarter, compared to analyst estimates of $534.99 million. Internet Initiative Japan had a net margin of 6.32% and a return on equity of 14.55%. As a group, equities analysts predict that Internet Initiative Japan, Inc. will post 0.37 EPS for the current year.
About Internet Initiative Japan
(
Get Free Report)
Internet Initiative Japan Inc provides Internet connectivity, WAN, outsourcing, systems integration, and network-related equipment sales services in Japan. It operates through two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company offers mobile communication and remote access/telework services; WAN/network services, including SDN, multi-cloud network, closed connection, internet VPN, SEIL, remote access, wireless LAN, and GIGA-school; leased line and broadband services; IIJ DNS platform, and domain name registration and maintenance services; IIJ access ID management, dial-up access, and IIJ IPv6 fiber access services; and security solutions for IIJ managed firewall, DDoS protection, and managed IPS/IDS services.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Internet Initiative Japan, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Internet Initiative Japan wasn't on the list.
While Internet Initiative Japan currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
