Internet Initiative Japan Inc. (NASDAQ:IIJI) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Zacks has also given Internet Initiative Japan an industry rank of 112 out of 265 based on the ratings given to its competitors.
IIJI has been the subject of several recent research reports. TheStreet lowered Internet Initiative Japan from a “buy” rating to a “hold” rating in a report on Monday, August 22nd. Zacks Investment Research raised Internet Initiative Japan from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Thursday, July 14th.
A hedge fund recently bought a new stake in Internet Initiative Japan stock. OLD Mission Capital LLC acquired a new position in Internet Initiative Japan Inc. (NASDAQ:IIJI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,296 shares of the company’s stock, valued at approximately $225,000. 0.56% of the stock is currently owned by institutional investors and hedge funds.
Internet Initiative Japan (NASDAQ:IIJI) opened at 9.145 on Thursday. Internet Initiative Japan has a one year low of $8.02 and a one year high of $11.13. The company’s 50-day moving average price is $9.29 and its 200 day moving average price is $10.01. The firm has a market capitalization of $420.23 million, a PE ratio of 22.305 and a beta of 0.17.
About Internet Initiative Japan
Internet Initiative Japan Inc (IIJ) is an Internet service provider (ISP) in Japan that offers Internet connectivity services for both enterprises and consumers. The Company provides Internet connectivity services, wide area network (WAN) services, outsourcing services, systems integration and equipment sales as total network solutions to Japanese corporate clients and governmental organizations.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Internet Initiative Japan Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Internet Initiative Japan Inc. and related companies with MarketBeat.com's FREE daily email newsletter.