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Internet Initiative Japan (OTCMKTS:IIJIY) Stock Price Passes Below 200 Day Moving Average - Time to Sell?

Internet Initiative Japan logo with Computer and Technology background

Internet Initiative Japan Inc. (OTCMKTS:IIJIY - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $37.63 and traded as low as $32.10. Internet Initiative Japan shares last traded at $32.10, with a volume of 560 shares trading hands.

Internet Initiative Japan Stock Up 2.5 %

The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 21.36 and a beta of 0.75. The company's 50-day moving average is $35.00 and its 200-day moving average is $37.49.

Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last issued its earnings results on Friday, February 7th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter. Internet Initiative Japan had a return on equity of 15.89% and a net margin of 6.80%. On average, research analysts forecast that Internet Initiative Japan Inc. will post 0.37 earnings per share 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.

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