Internet Initiative Japan (OTCMKTS:IIJIY) Shares Gap Down – Should You Sell?

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) gapped down before the market opened on Friday . The stock had previously closed at $30.31, but opened at $29.00. Internet Initiative Japan shares last traded at $29.00, with a volume of 848 shares trading hands.

Internet Initiative Japan Stock Down 3.3%

The company has a fifty day moving average price of $34.61 and a 200 day moving average price of $35.96. The stock has a market cap of $2.66 billion, a PE ratio of 17.16 and a beta of 1.17.

Internet Initiative Japan (OTCMKTS:IIJIY) last posted its quarterly earnings results on Friday, November 7th. The communications equipment provider reported $0.48 earnings per share (EPS) for the quarter, topping 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 business had revenue of $555.81 million for the quarter, compared to analyst estimates of $528.83 million. As a group, 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.