Internet Initiative Japan, Inc. (OTCMKTS:IIJIY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $47.50 and last traded at $47.02, with a volume of 613 shares trading hands. The stock had previously closed at $39.10.
Internet Initiative Japan Trading Up 3.4%
The stock has a market capitalization of $4.31 billion, a PE ratio of 26.27 and a beta of 1.19. The firm has a 50-day moving average price of $43.64 and a 200-day moving average price of $37.63.
Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) last released its earnings results on Thursday, November 5th. The communications equipment provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The company had revenue of $713.87 million for the quarter, compared to analysts’ expectations of $610.90 million. Internet Initiative Japan had a return on equity of 15.49% and a net margin of 6.34%.
About Internet Initiative Japan
Internet Initiative Japan (IIJ) is a Japanese information technology and telecommunications company founded in 1992. It was among the first commercial internet service providers in Japan and has expanded into a range of network and technology services.
The company provides internet connectivity, wide-area networking, cloud computing, cybersecurity, and mobile services. It also offers systems integration and IT outsourcing, helping businesses and public-sector organizations build and manage their technology infrastructure.
IIJ is headquartered in Japan and serves customers there as well as through international operations.
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