Shares of Internet Initiative Japan Inc. (OTCMKTS:IIJIY) hit a new 52-week high on Friday . The stock traded as high as $12.00 and last traded at $12.00, with a volume of 305 shares trading hands. The stock had previously closed at $11.58.
A number of research analysts have issued reports on IIJIY shares. ValuEngine upgraded shares of Internet Initiative Japan from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Zacks Investment Research upgraded shares of Internet Initiative Japan from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th.
The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 34.23 and a beta of 0.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.35 and a quick ratio of 1.32. The stock’s 50-day moving average is $11.62 and its 200-day moving average is $10.67.
About Internet Initiative Japan (OTCMKTS:IIJIY)
Internet Initiative Japan Inc offers Internet connectivity, WAN, outsourcing, systems integration, and equipment sales services in Japan. It operates in two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company's Internet connectivity services for enterprise include IP services and IIJ data center connectivity services, IIJ FiberAccess/F and IIJ DSL/F services, IIJ mobile services, and dial-up access services, as well as other Internet connectivity services comprising IIJ ISDN/F and IIJ line management/F services.
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