Internet Initiative Japan (OTCMKTS:IIJIY) Reaches New 12-Month Low – Should You Sell?

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) reached a new 52-week low on Wednesday . The company traded as low as $30.00 and last traded at $30.31, with a volume of 1852 shares. The stock had previously closed at $31.66.

Internet Initiative Japan Stock Down 4.3%

The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 17.93 and a beta of 1.17. The business has a 50 day moving average of $34.88 and a 200 day moving average of $36.04.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its earnings results on Friday, November 7th. The communications equipment provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.08. Internet Initiative Japan had a net margin of 6.76% and a return on equity of 15.55%. The company had revenue of $555.81 million for the quarter, compared to analyst estimates of $528.83 million. Research analysts predict that Internet Initiative Japan, Inc. will post 0.37 earnings per share for the current 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.