Internet Initiative Japan (OTCMKTS:IIJIY) Trading Down 1.1%

Internet Initiative Japan Inc. (OTCMKTS:IIJIY)’s share price traded down 1.1% on Friday . The company traded as low as $35.50 and last traded at $35.50. 109 shares were traded during trading, a decline of 83% from the average session volume of 623 shares. The stock had previously closed at $35.89.

Internet Initiative Japan Stock Performance

The firm has a fifty day moving average price of $37.92 and a 200 day moving average price of $36.68. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 23.51 and a beta of 0.62.

Internet Initiative Japan (OTCMKTS:IIJIY) last posted its quarterly earnings results on Wednesday, February 7th. The communications equipment provider reported $0.35 EPS for the quarter. The business had revenue of $493.68 million during the quarter, compared to analysts’ expectations of $514.38 million. Internet Initiative Japan had a return on equity of 16.43% and a net margin of 7.09%. Research analysts predict that Internet Initiative Japan Inc. will post 1.49 earnings per share for the current fiscal year.

Internet Initiative Japan Company Profile

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.