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

Internet Initiative Japan Inc. (OTCMKTS:IIJIY) 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) 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

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.