Internet Initiative Japan (OTCMKTS:IIJIY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) saw an uptick in trading volume on Thursday . 700 shares changed hands during trading, a decline of 12% from the previous session’s volume of 791 shares.The stock last traded at $30.50 and had previously closed at $29.72.

Internet Initiative Japan Stock Performance

The business has a 50 day simple moving average of $29.43 and a 200-day simple moving average of $33.43. The stock has a market capitalization of $2.87 billion, a P/E ratio of 18.63 and a beta of 1.11.

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

About Internet Initiative Japan

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.