Internet Initiative Japan (OTCMKTS:IIJIY) Stock Price Up 5.7% – Should You Buy?

Internet Initiative Japan Inc. (OTCMKTS:IIJIY)’s share price traded up 5.7% on Tuesday . The stock traded as high as $43.33 and last traded at $43.33. 879 shares were traded during mid-day trading, a decline of 5% from the average session volume of 929 shares. The stock had previously closed at $40.99.

Internet Initiative Japan Price Performance

The firm has a 50 day simple moving average of $38.86 and a 200-day simple moving average of $35.60. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 30.51 and a beta of 0.70.

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.