Internet Initiative Japan (OTCMKTS:IIJIY) Shares Gap Down – What’s Next?

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $36.03, but opened at $33.02. Internet Initiative Japan shares last traded at $33.02, with a volume of 117 shares trading hands.

Internet Initiative Japan Stock Performance

The business has a 50 day moving average of $35.87 and a two-hundred day moving average of $36.88. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 19.54 and a beta of 1.10.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its quarterly earnings data on Friday, November 7th. The communications equipment provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.40 by $0.08. Internet Initiative Japan had a return on equity of 15.55% and a net margin of 6.76%.The firm had revenue of $555.81 million during the quarter, compared to the consensus estimate of $528.83 million. On average, equities analysts predict that Internet Initiative Japan, Inc. will post 0.37 EPS for the current fiscal 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.