ValuEngine upgraded shares of Internet Initiative Japan (NASDAQ:IIJI) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning.
Separately, Zacks Investment Research upgraded Internet Initiative Japan from a sell rating to a hold rating in a research report on Friday, May 18th.
NASDAQ IIJI opened at $10.03 on Tuesday. The company has a market capitalization of $918.40 million, a PE ratio of 19.29, a PEG ratio of 1.82 and a beta of 0.46. Internet Initiative Japan has a 1-year low of $8.12 and a 1-year high of $12.50. The company has a current ratio of 1.59, a quick ratio of 1.55 and a debt-to-equity ratio of 0.36.
Internet Initiative Japan (NASDAQ:IIJI) last released its earnings results on Tuesday, May 15th. The communications equipment provider reported $0.25 earnings per share for the quarter. The business had revenue of $447.09 million for the quarter, compared to the consensus estimate of $445.00 million. Internet Initiative Japan had a return on equity of 7.32% and a net margin of 2.92%. research analysts predict that Internet Initiative Japan will post 0.4 earnings per share for the current fiscal year.
About Internet Initiative Japan
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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