Internet Initiative Japan (OTCMKTS:IIJIY) Hits New 1-Year Low – Here’s What Happened

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) shares reached a new 52-week low on Monday . The stock traded as low as $30.97 and last traded at $30.97, with a volume of 163 shares traded. The stock had previously closed at $32.4709.

Internet Initiative Japan Stock Performance

The stock has a market cap of $2.84 billion, a P/E ratio of 18.33 and a beta of 1.15. The business’s 50-day moving average price is $35.43 and its 200-day moving average price is $36.29.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its earnings results on Friday, November 7th. The communications equipment provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.08. Internet Initiative Japan had a return on equity of 15.55% and a net margin of 6.76%.The company had revenue of $555.81 million for the quarter, compared to the consensus estimate of $528.83 million. As a group, equities research analysts expect 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.