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

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

Internet Initiative Japan Price Performance

The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 16.96 and a beta of 1.17. The stock has a 50 day moving average price of $33.40 and a two-hundred day moving average price of $35.54.

Internet Initiative Japan (OTCMKTS:IIJIY) last issued its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 EPS for the quarter, missing the consensus estimate 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 business had revenue of $557.44 million during the quarter, compared to analysts’ expectations of $565.72 million. As a group, research analysts expect that Internet Initiative Japan, Inc. will post 0.37 earnings per share 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.