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

by · The Cerbat Gem

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $39.38, but opened at $37.00. Internet Initiative Japan shares last traded at $37.00, with a volume of 340 shares traded.

Internet Initiative Japan Stock Down 6.0%

The stock has a market cap of $3.39 billion, a PE ratio of 20.56 and a beta of 1.11. The firm has a fifty day moving average of $33.06 and a 200 day moving average of $33.08.

Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) last posted its earnings results on Thursday, May 14th. The communications equipment provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.47 by $0.10. The firm had revenue of $607.44 million for the quarter, compared to analyst estimates of $598.43 million. Internet Initiative Japan had a return on equity of 15.88% and a net margin of 6.97%.

Internet Initiative Japan Company Profile

(Get Free Report)

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.

Further Reading