Internet Initiative Japan (OTCMKTS:IIJIY) Reaches New 52-Week Low – Here’s Why

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $28.50 and last traded at $28.50, with a volume of 202 shares traded. The stock had previously closed at $28.95.

Internet Initiative Japan Stock Down 1.6%

The business’s fifty day moving average is $33.40 and its 200-day moving average is $35.54. The stock has a market capitalization of $2.61 billion, a PE ratio of 16.96 and a beta of 1.17.

Internet Initiative Japan (OTCMKTS:IIJIY) last announced its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.11). Internet Initiative Japan had a net margin of 6.64% and a return on equity of 15.16%. The company had revenue of $557.44 million during the quarter, compared to analyst estimates of $565.72 million. As a group, sell-side analysts anticipate 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.