Internet Initiative Japan, Inc. (OTCMKTS:IIJIY - Get Free Report) shares traded up 7.8% during trading on Friday . The stock traded as high as $37.84 and last traded at $37.84. 400 shares were traded during mid-day trading, a decline of 42% from the average session volume of 687 shares. The stock had previously closed at $35.10.
Analyst Ratings Changes
Separately, Wall Street Zen lowered shares of Internet Initiative Japan from a "buy" rating to a "hold" rating in a research report on Sunday, July 20th.
View Our Latest Stock Report on Internet Initiative Japan
Internet Initiative Japan Stock Performance
The stock has a market capitalization of $3.48 billion, a P/E ratio of 25.87 and a beta of 1.02. The stock's fifty day simple moving average is $37.83 and its two-hundred day simple moving average is $36.31.
Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last announced its earnings results on Tuesday, May 13th. The communications equipment provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.07). Internet Initiative Japan had a net margin of 6.30% and a return on equity of 14.74%. The company had revenue of $590.48 million for the quarter, compared to the consensus estimate of $575.53 million. As a group, analysts expect that Internet Initiative Japan, Inc. will post 0.37 earnings per share for the current fiscal 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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