Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

The Telecommunications industry as a whole closed the day down 0.8% versus the S&P 500, which was down 0.2%. Laggards within the Telecommunications industry included

Sajan

(

SAJA

), down 10.9%,

Internet Initiative Japan

(

IIJI

), down 2.6%,

Moko Social Media

(

MOKO

), down 6.1%,

RELM Wireless

(

RWC

), down 1.8% and

Fusion Telecommunications International

(

FSNN

), down 4.1%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Moko Social Media

(

MOKO

TheStreet Recommends

) is one of the companies that pushed the Telecommunications industry lower today. Moko Social Media was down $0.23 (6.1%) to $3.46 on light volume. Throughout the day, 1,113 shares of Moko Social Media exchanged hands as compared to its average daily volume of 7,400 shares. The stock ranged in price between $3.46-$3.70 after having opened the day at $3.70 as compared to the previous trading day's close of $3.69.

Moko Social Media has a market cap of $56.2 million and is part of the technology sector. Shares are down 39.0% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Moko Social Media a buy, no analysts rate it a sell, and none rate it a hold.

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At the close,

Internet Initiative Japan

(

IIJI

) was down $0.25 (2.6%) to $9.47 on heavy volume. Throughout the day, 4,214 shares of Internet Initiative Japan exchanged hands as compared to its average daily volume of 2,000 shares. The stock ranged in price between $9.47-$9.69 after having opened the day at $9.69 as compared to the previous trading day's close of $9.72.

Internet Initiative Japan Inc., together with its subsidiaries, offers Internet connectivity, WAN, outsourcing, systems integration, and equipment sales services primarily in Japan. It operates through two segments, Network Services and Systems Integration Business, and ATM Operation Business. Internet Initiative Japan has a market cap of $870.1 million and is part of the technology sector. Shares are down 5.3% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Internet Initiative Japan a buy, no analysts rate it a sell, and 2 rate it a hold.

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TheStreet Ratings rates

Internet Initiative Japan

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from TheStreet Ratings analysis on IIJI go as follows:

  • Although IIJI's debt-to-equity ratio of 0.27 is very low, it is currently higher than that of the industry average. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.28, which illustrates the ability to avoid short-term cash problems.
  • IIJI, with its decline in revenue, underperformed when compared the industry average of 6.2%. Since the same quarter one year prior, revenues slightly dropped by 9.5%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • The gross profit margin for INTERNET INITIATIVE JAPAN INC is rather low; currently it is at 22.96%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 2.86% significantly trails the industry average.
  • Net operating cash flow has decreased to $24.10 million or 21.91% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

You can view the full analysis from the report here:

Internet Initiative Japan Ratings Report

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Sajan

(

SAJA

) was another company that pushed the Telecommunications industry lower today. Sajan was down $0.64 (10.9%) to $5.25 on heavy volume. Throughout the day, 5,457 shares of Sajan exchanged hands as compared to its average daily volume of 2,500 shares. The stock ranged in price between $5.25-$5.40 after having opened the day at $5.26 as compared to the previous trading day's close of $5.89.

Sajan has a market cap of $28.1 million and is part of the technology sector. Shares are up 4.2% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Sajan a buy, no analysts rate it a sell, and none rate it a hold.

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