Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report)'s stock price traded down 5.1% during mid-day trading on Friday . The stock traded as low as $36.37 and last traded at $36.41. 294 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 713 shares. The stock had previously closed at $38.37.
Internet Initiative Japan Price Performance
The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 23.62 and a beta of 1.03. The business has a fifty day moving average price of $38.00 and a 200 day moving average price of $36.37.
Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The communications equipment provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.07). The company had revenue of $590.48 million for the quarter, compared to the consensus estimate of $575.53 million. Internet Initiative Japan had a return on equity of 14.74% and a net margin of 6.30%. Research analysts anticipate that Internet Initiative Japan, Inc. will post 0.37 earnings per share for the current year.
Internet Initiative Japan Company Profile
(
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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.
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