Free Trial

Internet Initiative Japan (OTCMKTS:IIJIY) Shares Cross Above 50 Day Moving Average - Should You Sell?

Internet Initiative Japan logo with Computer and Technology background

Key Points

  • Internet Initiative Japan shares surpassed their 50-day moving average of $37.87, reaching a trading high of $38.03 with a volume of 915 shares.
  • Analysts at Wall Street Zen have downgraded the stock from a "buy" to a "hold" rating as of July 20th.
  • The company reported earnings of $0.45 per share for the last quarter, missing the estimate of $0.52, although its revenue of $590.48 million exceeded expectations.
  • Looking to Export and Analyze Internet Initiative Japan Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $37.87 and traded as high as $38.03. Internet Initiative Japan shares last traded at $38.03, with a volume of 915 shares.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Internet Initiative Japan from a "buy" rating to a "hold" rating in a research note on Sunday, July 20th.

Check Out Our Latest Stock Report on Internet Initiative Japan

Internet Initiative Japan Price Performance

The company has a market capitalization of $3.52 billion, a P/E ratio of 25.30 and a beta of 1.02. The stock's 50 day moving average is $37.95 and its 200-day moving average is $36.37.

Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The communications equipment provider reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.07). The business had revenue of $590.48 million during the quarter, compared to analysts' expectations of $575.53 million. Internet Initiative Japan had a return on equity of 14.91% and a net margin of 6.32%. On average, equities research analysts anticipate that Internet Initiative Japan, Inc. will post 0.37 EPS for the current year.

Internet Initiative Japan Company Profile

(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.

Read More

Should You Invest $1,000 in Internet Initiative Japan Right Now?

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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines