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Internet Initiative Japan (OTCMKTS:IIJIY) Trading 4.2% Higher - Time to Buy?

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Internet Initiative Japan Inc. (OTCMKTS:IIJIY - Get Free Report) shares traded up 4.2% on Wednesday . The company traded as high as $35.43 and last traded at $35.43. 237 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 359 shares. The stock had previously closed at $34.00.

Internet Initiative Japan Stock Performance

The company has a market cap of $3.25 billion, a price-to-earnings ratio of 23.01 and a beta of 0.70. The stock's fifty day moving average is $35.78 and its two-hundred day moving average is $38.04.

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

About Internet Initiative Japan

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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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