Internet Initiative Japan (OTCMKTS:IIJIY) Stock Crosses Below 200 Day Moving Average – Here’s Why

Internet Initiative Japan Inc. (OTCMKTS:IIJIY) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $37.87 and traded as low as $32.10. Internet Initiative Japan shares last traded at $34.00, with a volume of 1,413 shares.

Internet Initiative Japan Stock Performance

The stock has a fifty day moving average of $35.56 and a 200-day moving average of $37.87. The company has a market cap of $3.11 billion, a PE ratio of 22.08 and a beta of 0.75.

Internet Initiative Japan (OTCMKTS:IIJIY) 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 net margin of 6.80% and a return on equity of 15.89%. As a group, equities analysts anticipate that Internet Initiative Japan Inc. will post 0.37 EPS 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.