Internet Initiative Japan (OTCMKTS:IIJIY) Stock Crosses Above Fifty Day Moving Average of $36.40

Internet Initiative Japan Inc. (OTCMKTS:IIJIY)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $36.40 and traded as high as $41.10. Internet Initiative Japan shares last traded at $41.10, with a volume of 1,306 shares.

Internet Initiative Japan Trading Up 0.2 %

The stock has a market capitalization of $3.76 billion, a PE ratio of 26.86 and a beta of 0.67. The stock’s fifty day simple moving average is $36.40 and its 200-day simple moving average is $34.30.

Internet Initiative Japan (OTCMKTS:IIJIY) last announced its earnings results on Wednesday, August 7th. The communications equipment provider reported $0.24 earnings per share for the quarter. The firm 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%. As a group, analysts anticipate that Internet Initiative Japan Inc. will post 0.39 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.