Internet Initiative Japan (OTCMKTS:IIJIY) Hits New 1-Year High at $41.50

Internet Initiative Japan Inc. (OTCMKTS:IIJIY) shares hit a new 52-week high on Monday . The company traded as high as $41.50 and last traded at $41.50, with a volume of 401 shares changing hands. The stock had previously closed at $40.00.

Internet Initiative Japan Trading Down 2.4 %

The company has a market cap of $3.80 billion, a price-to-earnings ratio of 27.12 and a beta of 0.67. The business has a fifty day moving average price of $35.75 and a two-hundred day moving average price of $34.25.

Internet Initiative Japan (OTCMKTS:IIJIY) last issued its earnings results on Wednesday, August 7th. The communications equipment provider reported $0.24 earnings per share for the quarter. The company had revenue of $461.96 million for the quarter, compared to the consensus estimate of $405.50 million. Internet Initiative Japan had a return on equity of 15.94% and a net margin of 6.85%. On average, analysts anticipate that Internet Initiative Japan Inc. will post 0.39 EPS for the current year.

About Internet Initiative Japan

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.