Internet Initiative Japan Inc. (OTCMKTS:IIJIY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $11.23 and last traded at $11.23, with a volume of 137 shares traded. The stock had previously closed at $10.98.

Separately, Zacks Investment Research cut shares of Internet Initiative Japan from a “hold” rating to a “sell” rating in a report on Friday, August 9th.

The company has a quick ratio of 1.46, a current ratio of 1.53 and a debt-to-equity ratio of 0.33. The stock’s fifty day moving average price is $9.98. The stock has a market cap of $1.05 billion, a P/E ratio of 32.20 and a beta of 0.63.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.08 earnings per share (EPS) for the quarter. Internet Initiative Japan had a net margin of 2.06% and a return on equity of 9.01%. The company had revenue of $453.39 million during the quarter. Equities analysts anticipate that Internet Initiative Japan Inc. will post 0.5 EPS for the current year.

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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