Internet Initiative Japan (OTCMKTS:IIJIY) Reaches New 52-Week Low – What’s Next?

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) reached a new 52-week low on Tuesday . The stock traded as low as $28.00 and last traded at $28.00, with a volume of 240 shares trading hands. The stock had previously closed at $28.95.

Internet Initiative Japan Stock Up 5.2%

The stock has a market cap of $2.66 billion, a PE ratio of 17.26 and a beta of 1.17. The company’s fifty day moving average is $32.44 and its 200 day moving average is $35.16.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.11). Internet Initiative Japan had a return on equity of 15.12% and a net margin of 6.64%.The business had revenue of $557.44 million for the quarter, compared to analysts’ expectations of $565.72 million. Equities analysts expect that Internet Initiative Japan, Inc. will post 0.37 EPS for the current year.

Internet Initiative Japan Company Profile

Internet Initiative Japan Inc (OTCMKTS: IIJIY) was founded in 1992 and is recognized as Japan’s first commercial Internet service provider. Headquartered in Tokyo, the company builds and operates large‐scale IP networks, offering a full suite of connectivity solutions including dedicated internet access, virtual private networks (VPNs), multiprotocol label switching (MPLS) services, and high‐capacity leased lines. IIJ’s network backbone spans major Japanese cities and is linked to international points of presence, supporting both domestic and cross-border data traffic.

In addition to core connectivity services, IIJ provides a broad portfolio of IT infrastructure offerings.